Tag Archives: UK Official Bank Rate

Forex News Trading: Trade for Thursday, June 18, 2020

7:00 AM EDT UK Official Bank Rate GBP/USD The rate is expected to remain at 0.10% and the MPC is expected to vote 0-0-9 to leave the rate where it is for now. It seems quite unlikely anyone would vote … Continue reading

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Forex News Trading: Trades for week of June 14 – 19, 2020

This past week had only 2 trades. The US interest rate remained the same. The CPI deviated by only .1 though it came back from -0.8% to -0.1%. I missed the trade so not sure if there was any movement. … Continue reading

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Forex News Trading: Trade for Thursday, May 7, 2020

2:00 AM EDT UK Official Bank Rate GBP/USD Since the rate is all the way down to zero, like other central banks the BoE is unlikely to do anything more with it. They will employ other measures before messing with … Continue reading

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Forex News Trading: Trades for week of May 3 – 8, 2020

I didn’t do any of the trades last week, anticipating none would have any movement and not wanting to take the risk, so not sure if there was any movement. Some things are starting back up now so from a … Continue reading

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Forex News Trading: Trade for Thursday, March 26, 2020

Almost forgot to do this. I’d say I was pre-occupied but really have just been sitting around all day looking for things to do. So anyway … 7:00 AM EDT UK Official Bank Rate GBP/USD The rate fell from 0.75% … Continue reading

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Forex News Trading: Trades for week of March 22 – 27, 2020

It looks like the US Federal Funds Rate was cancelled. Of the other trades, the only one that looks like it moved was the NZD GDP which gapped down 15 and pushed to about 30 in 9 minutes before retracing. … Continue reading

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Forex News Trading: Trades for Thursday, January 30, 2020

7:00 AM EST UK Official Bank Rate GBP/USD It is expected the rate will be left at 0.75%. The MPC votes are expected to be 0-3-6, a change from 0-2-7 last month. So it is expected one more member will … Continue reading

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Forex News Trading: Trades for week of January 26 – 31, 2020

We are in Florida and settled in now and doing more stuff outside the house so I missed all the trades this week. But here is a summary. The CAD CPI came out at 0 and barely moved. The CAD … Continue reading

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Forex News Trading: Trade for Thursday, December 19, 2019

7:00 AM EST UK Official Bank Rate GBP/USD It is not expected that there will be any change in the votes to change the interest rate, which currently sits at 0.75%. With the election fresh in the rear view mirror … Continue reading

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Forex News Trading: Trades for week of December 15 – 20, 2019

Well, this coming week will be the last trading week for the year. I won’t make a post for the week of December 22 – 27 but will make one for the next week since we are into January that … Continue reading

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