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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
you have to know that before each news markets reacted by incorporating expectations in the prices and this is not GUESSING:
BULLET: UK: Attention in the UK market turns to the BoE MPC..
22-fvr.-2011
UK: Attention in the UK market turns to the BoE MPC minutes for the
February meeting on Wednesday, where market speculation that other
members may have joined Andrew Sentance and Martin Weale call for a
25bps rate hike. Talk so far centre's around BOE Deputy Governor Charles
Bean - who has made a series of hawkish comments in recent months - as
well as Chief Economist Spencer Dale. It is possible that another
external member, David Miles, could have come off the fence and backed a
hike in February. Another possibility is if Adam Posen stops pushing
for an increase of stg50 billion in Asset Purchase Programme, as he did
allow himself an exit route from that dovish position in the minutes of
the January MPC meeting. The MNI median analysts' forecast is for the
committee to have split 6:3 on its February decision to leave Bank Rate
unchanged at 0.5% and for Posen to be alone in continuing to call for a
QE boost. Minutes are due at 0930GMT
but if goes north here take carry and gain
take the carry and keep
it's difficult to get a good r/r foothold on a longer, sized trade..
since I am compelled to trade, take the scraps..
if a/y could get back to 82 I will consider long, strong..pray for ranging
my stops depend on my leverage that is fx spot trading
but I don't trade that so know no price action much or funfundamentals..
but euro/usd lookin like it likes it where it iz...around that 3650