
Chinese investors are selling the UST. Meanwhile, the earning season continues. What's going on in the markets?
The Bank of England will announce its policy statement on December 16, Thursday, at 14:00 GMT+2 (MetaTrader time). It will affect all the pairs with the British pound.
Economists expect that the Bank of England will hold back from tightening monetary policy this time. One of the main reasons is uncertainty over the new omicron variant. The central bank is likely to need more time to assess the effect of omicron on the UK economy, that’s why most of the bank’s members can vote to leave rates at the record low of 0.1%.
The British pound dropped dramatically after the previous statement of the Bank of England. Traders expected the bank to raise rates, but it didn’t happen.
Check the economic calendar
Instruments to trade: all currency pairs with the GBP
Chinese investors are selling the UST. Meanwhile, the earning season continues. What's going on in the markets?
Let's check the economic calendar. This week is interesting, mostly not because of the economic calendar, but because of geopolitical factors.
Good morning, traders! Here’s the most impactful news of the week and the day. The market will be highly volatile, so you better be ready.
The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!
The US stock market fell in the third quarter. What's going on and why economists think that the last quarter will be better? Let's discuss it all here.
BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!
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