Tags: bank of england

Sterling dips on GDP data


26th April 2006
UK GDP grew at a 0.6 % rate in the first quarter of 2006 with the annual rate of 2.2 percent, exactly in line with analysts' forecasts. Sterling was traded lower against the US Dollar as forex traders took the view that this just confirmed the ‘no chang… more »
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Economic Calendar for Today


19th April 2006
Economic Calendar for: Wednesday 19th April 2006 Time GMTeventexpectprevious07.15Swiss March Producer and Import Prices mth/mth 0.3%0.3%07.15Swiss March Producer and Import Prices yr/yr1.7%1.6%08.30UK Bank of England MPC minutes of April 5 & 6 meeti… more »

Economic Calendar for Today


22nd March 2006
Economic Calendar for: Wednesday 22nd March 2006 Time GMTeventexpectprevious08.30Italy March Consumer Confidence Index 109.3110.009.30UK Release of Bank of England MPC minutes10.00Euro-zone January Trade Balance -1.4 bln E-0.9 bln E10.00Euro-zone Januar… more »

Midday Forex Comment


20th March 2006
The British Pound continued its firm tone after some house price data showed a 0.9 pct rise month on month and a slight dip in mortgage lending. This obsession that many very senior and otherwise sage market traders and economists have with house prices… more »
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Mid morning Forex market comment.


10th March 2006
The initial reaction of the Forex markets to the Bank of Japan (BOJ) announcement to their change in policy was to send the Japanese Yen firmer. However, as is so often the case, the headline tells the story that the financial markets want to hear but th… more »
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