USD May See Upward Correction Today
February 10, 2011 7:06 am by Natalie R.After falling against most of its main currency rivals yesterday, the US dollar may be able to rebound today with the release of this week's US Unemployment Claims. In addition, significant news out of the UK is likely to contribute ...
The BOE’s Dilemma; Tackling High Inflation or Lack of Growth
October 12, 2010 2:31 pm by Natalie R.U.K. inflation exceeded the government’s 3% limit for a seventh month in September according to a CPI report released today. The rate is well above the 2% goal set by the Bank of England, adding to the debate over the ...
What can be Expected Next from the ECB and BOE?
October 6, 2010 4:37 pm by Natalie R.Can we expect further surprises from leading Central Banks after the surprise announcement by the BOJ yesterday? Quite likely. Tomorrow the European Central Bank and the Bank of England are expected to deliver their rate statements, and while a change ...
GBP/CHF Heading for Downward Correction
July 29, 2010 10:46 am by Natalie R.After a long and steep rise of the GBP, the CHF might be seeing some much needed correction versus the pound. Looking at the daily chart for the pair one can see several indicators pointing to an impending downward correction
Markets Await BoJ Statement Release
January 26, 2010 10:56 am by Natalie R.The market awaits the release of the Japanese interest rate decision. We could see a decline in the yen during today's trading as the BoJ is expected to hold interest rates steady, but could increase its programs of either emergency ...
Markets Looking ahead to TIC Long-Term Purchases
January 19, 2010 12:15 pm by Natalie R.09:30 GMT - GBP CPI The British Consumer Price Index measures the change in price of goods and services. It is considered one of the most important economic indicators because the change in price is an important measure of inflation. The rate ...
British Holiday Retail Sales Report on Deck
December 17, 2009 8:44 am by Dan Eduard09:30 GMT GBP Retail Sales - Change in the total value of inflation-adjusted sales at the retail level. The report is released monthly. The figure is a leading indicator of the health of the British economy, as it determines ...
British Official Bank Rate Announcement Expected Today!
December 10, 2009 11:48 am by Dan EduardToday's leading news events: 08:30 GMT Swiss National Bank (SNB) Monetary Policy Assessment - Primary tool used by the Swiss National Bank (SNB) to communicate to its investors about any future monetary policy changes. Interest rate changes and Swiss economic outlook are ...