This morning the EURO/USD pair has dropped below its open to the 1.4819 level. This morning the GBP/USD pair is down at 1.6477 from its open of 1.6551. The market now awaits the latest Bank of England rate decision. Rates almost certain to be kept on hold at 0.5%; it’s what the Bank decides on quantitative easing which holds the market’s attention. This morning the JPY/USD pair has dropped below its open of 90.71 and is currently around the 90.36 level.
Due for release today is the AUD Trade Balance , CHF Consumer Price Index, AUD Australian Central Bank Governor, GBP Industrial Production, GBP Manufacturing Production, EUR Euro-Zone Retail Sales, GBP Bank of England Interest Rate Decision, GBP Bank of England Asset Purchase Target, EUR European Central Bank Interest Rate Decision.
By Ultimate Forex Profits
