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Trading the News: Bank of England (BoE) Interest Rate Decision The Bank of England (BoE) interest rate decision is likely to reveal another 8 to 1 split as the central bank remains in no rush to normalize monetary policy, but the updated forecasts may heighten the appeal of the sterling and fuel a larger recovery in GBP/USD should the central bank highlight a greater risk of overshooting the 2% inflation target over the policy horizon. What’s Expected: ...
Trading the News: U.S. ISM Non-Manufacturing A slowdown in the ISM Non-Manufacturing survey may produce headwinds for the greenback and spur a near-term rally in EUR/USD as fears of a slowing recovery dampens bets for a Fed rate-hike in the first-half of 2016. What’s Expected: Why Is This Event Important: Even though the Federal Open Market Committee (FOMC) appears to be on course to implement ...
Australia posted a seasonally adjusted merchandise trade deficit of A$5.353 in December, the Australian Bureau of Statistics said on Wednesday - tumbling 30 percent on month. AUDUSD M5: 35 pips price movement by Australian Trade Balance news event : more...
New Zealand posted a merchandise trade deficit of NZ$53 million in December, Statistics New Zealand said on Thursday - representing 1.2 percent of exports. more...
Consumer prices in Australia were up 0.4 percent on quarter in the fourth quarter of 2015, the Australian Bureau of Statistics said on Wednesday. more...
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