OctaFX | OctaFX Forex Broker
Open trading account
Back

Forex Flash: GBP/USD in focus as US easing program may draw last breath – Investec

FXstreet.com (Barcelona) - Five key US Federal Reserve speakers take the microphone at various points over the course of today. “Undoubtedly America’s exit from the quantitative easing program will be high up on the agenda and if this idea is backed then we could see GBP/USD dip even further with 1.5080 and 1.5020 seen as big levels if 1.5180 gives way.” warns Lee McDarby, Corporate Treasury at Investec.

Look out for CPI data in the States at 12:30 GMT with inflation forecast to dip into negative territory again on a month-on-month basis. For those of you still awake at 11pm tonight all eyes will be on the Chilean central bank meeting with no change expected. If there is indeed no move then we can all sleep soundly....

Forex Flash: USD has continued to strengthen recently - BTMU

Lee Hardman, FX analyst at The US dollar is continuing to strengthen recently.
Read more Previous

Forex: USD/JPY drops below 102.00

The dollar has continued to weaken during the New York session, as economic indicators coming from the US did nothing but question whether it is too early for the Fed to consider tapering its bond buying program.
Read more Next
Start livechat