The BOE meeting: a ray of hope for the GBP?
The Bank of England will release its monetary policy summary and announce the interest rate on September 19, at 14:00 MT time.
US Nonfarm Payrolls
| The US usually releases labor market data on the first Friday of a month. This time this tradition won’t change. America will publish Nonfarm Payrolls (NFP), unemployment rate and average earnings at 15:30 MT time on February 2. |
| This may be a great chance to trade the greenback as the currency will likely move with great swings. Traders will buy on strong data from the US and sell if American figures disappoint. |
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The Federal Open Market Committee will publish its statement and announce an official rate on September 18, at 21:00 MT time.
Market updates on September 12
ECB meeting is on the agenda. Will the EUR get weaker?
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Market updates on September 20
We've got some positive news for the British pound and we are awaiting the release of the core retail sales for Canada at 15:30 MT.
Oil spikes on the tweet by Iran's foreign minister
The tweet by Iran's foreign minister increased the possibility of tensions in the region. It pushed the oil prices up.
Market updates on September 19
The European trading session will be highlighted by the events for the British pound. Traders will pay special attention to the BOE meeting at 14:00 MT.
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