BOE

Central Bank Meetings Jul-Sep

  Central Bank Current Rate Next Meeting Last Change Reserve Bank of Australia (RBA) 2.50% 1-Jul-14 Aug 06, 2013 (-25bp) European Central Bank (ECB) 0.15% 3-Jul-14 Jun 05, 2014 (-10bp) Bank of England (BOE) 0.50% 10-Jul-14 Mar 05, 2009 (-50bp) Bank of Japan (BOJ)… Read More ›

Trade Alert: Sell Gbp/Usd

JFX Special Situations Portfolio  SELLS GBP/USD at 1.6950   Stop/loss at 1.7023   Take/Profit at 1.6813. I see major divergence between the price and the MACD Histogram. The new highs in spot were not confirmed by the peaks in the MACD histogram the last… Read More ›

Economic Calendar Asia Session

  The majority of releases tonight are highly AUD correlated. Australia reports several numbers starting with AIG Services Index, last month’s number showed expansion for the first time in over six months. Trade Balance and Retail Sales follow capped off… Read More ›

Central Bank Update

Bank of England (GBP): As expected the BOE held rates steady at 0.5%. Some were expecting a change to forward guidance in regards to the unemployment threshold being revised lower. That may wait for the Feb 12 inflation report. Gbp/Usd… Read More ›