Trading the News: Bank of England (BoE) Interest Rate Decision The Bank of England (BoE) interest rate decision may offer little relief to recent decline in GBP/USD as the central bank is widely expected to retain its current policy in July, and the committee may continue to endorse a wait-and-see approach amid the growing threat of a Greek exit. What’s Expected: Why Is This Event Important: ...
- European Central Bank (ECB) to Retain Current Policy Ahead of Next T-LTRO in December. - Will ECB Expand the Scope & Attractiveness of Non-Standard Measures? Trading the News: European Central Bank (ECB) Interest Rate Decision The EUR/USD may face another selloff in the days ahead should the European Central Bank (ECB) adopt a more dovish tone and offer additional monetary support to prop up the ailing economy. What’s Expected: ...
- European Central Bank (ECB) to Announce Further Details Surrounding Non-Standard Measures. - Will ECB President Mario Draghi Talk Down the Euro? Trading the News: European Central Bank (ECB) Interest Rate Decision Further details surrounding the European Central Bank’s (ECB) asset-back securities (ABS) and covered-bond purchase program may heighten the bearish sentiment surrounding the Euro, but we may see a relief rally in the EUR/USD should the Governing Council ...
- RBNZ Expected to Retain Current Policy Amid Period of ‘Interest Rate Stability’. - Will RBNZ Governor Graeme Wheeler Remove the Verbal Intervention on Kiwi? Trading the News: Reserve Bank of New Zealand (RBNZ) Rate Decision According to a Bloomberg News survey, all of the 13 economist polled see the Reserve Bank of New Zealand (RBNZ) keeping the interest rate on hold at 3.50%, but the fresh batch of central bank rhetoric may produce increased volatility in the NZD/USD ...
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