Entries Categorized as 'British Pound'

Forex: 10 Events to Watch Next Week

Date August 15, 2014

Forex: 10 Events to Watch Next Week In order of release 1. UK Consumer Price Index (Aug 19) 2. New Zealand Dairy Auction (Aug 19) 3. RBA Semi-Annual Testimony (Aug 19) 4. Bank of England Minutes (Aug 20) 5. FOMC Minutes (Aug 20) 6. HSBC China Manufacturing PMI Aug Flash (Aug 20) 7. Eurozone PMIs […]

Forex – What I Like / Dislike 01.25.13

Date January 25, 2013

Will be on CNBC Street Signs this morning and wanted to give you a sneak peek of my notes: I like EUR and AUD For EUR: – All of $ that was parked in Switzerland and U.K. for safety and now its coming back – Strong German data means IMF and others could be underestimating […]

Forex: Major Changes to Rate Hike Expectations

Date February 17, 2011

Over the past 3 weeks, central banks around the world have made a number of comments that have affected rate hike expectations. On Jan 27th, I showed where rate hike expectations were at the time and since then a number of interesting changes have occurred. First, the market is now pricing in a 25bp rate […]

Chart: BoE Inflation Report Rarely a Nonevent for GBP

Date February 16, 2011

The Bank of England’s Quarterly Inflation Report is one of the most important pieces of documents released by the central bank. The Inflation Report includes the central bank’s latest growth and inflation forecasts and frequently telegraphs their plans for monetary policy. Although the Monetary Policy Committee has not changed interest rates in nearly 2 years, […]

What is the Shadow BoE Monetary Policy Committee?

Date February 7, 2011

Since the beginning of the month, the British pound has staged a dramatic rally against the U.S. dollar on the belief that the Bank of England will have to raise interest rates very soon. In slightly more than a month, the GBP/USD has rallied from a low of 1.54 to a high above 1.6250. Interest […]