PMI reports from the EU, the UK, and the USA will be released during the day!
Bank of England’s Meeting
|The British pound was aggressively sold after the previous Bank of England’s meeting. In August, the UK central bank left the benchmark interest rate unchanged at 0.25%. Only 2 members of the Monetary Policy Committee voted for a rate hike compared to 3 policymakers in July. The amount of government and corporate bond purchases was also maintained at the same level.|
|Despite the expectations of hawkish comments, the regulator, on the contrary, sounded dovish blaming lower growth expectations on Brexit uncertainty. Has the mood of the UK central bank lifted? We will find out at 14:00 MT time on September 14.|
Moderna rocketed after an announcement that it is going to join the S&P 500 index. The New Zealand dollar surged after the nation’s inflation surpassed the central bank’s target level.
Jump in to get the latest market news and trade ideas on gold, EUR/USD, and NZD/USD!
Today the Fed will make a policy statement at 21:00 GMT+3. This event will affect all the currency pairs with the USD and thus almost the all Forex market!
What will happen? The FOMC statement will be published at 21:00 MT (GMT+3) on Wednesday, July 28…
Hong Kong stock index extended a decline sparked by China’s tech crackdown. Tesla posted better-than-expected results. Jump in!