Tag Archives: inflation

Bank of England Inflation Report, Pound (GBP) May Weaken If Not Much is Done

At the meeting in February, three members voted in favour of lifting rates whereas six members voted to keep the base rate unchanged at 0.5%. Since then, Q4 GDP has been revised lower to -0.6% and the service PMI index … Continue reading

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Expectations for a Strong US Manufacturing ISM and Non-Farm-Payrolls figures This Week, Choppy USD Movement Ahead

US Dollar Recovery Depends on Nonfarm Payrolls and Dow Jones movement. Fundamental Forecast for the US Dollar is Neutral. US Dollar stands to gain on turmoil in Libya, broader Middle East. Top economic event risk virtually guarantees forex market volatility … Continue reading

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Focus on Euro-Zone GDP Growth Figures this Week

The European docket actually holds some of the most potent event risk while the speculation behind the region’s health posses one of the greatest threats to global financial stability throughout the market. There is always a balance between positive and … Continue reading

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