Risk-averse weakened and riskier assets climbed up. Let’s have a closer look.
UK Inflation Report Hearings
|The Bank of England’s Governor and several members of the Monetary Policy Committee will testify on inflation and economic outlook before the Parliament’s Treasury Committee at 12:00 MT time on February 20.|
|It is important not only to listen but hear. This event can get the GBP in motion. Any direct comments about the currency market will be especially important. The hearings should give traders some clues about the central bank’s future monetary policy.|
Riskier currencies and stocks are in favor of investors. Surprisingly, gold rallies too. Let’s have a closer look.
Congratulations! Gold has just opened a new era... or, rather, reopened...
Canada will publish the employment change and the unemployment rate on July 10, at 15:30 MT time.