[GBPUSD] Forex Forum Debate Over Whether BOE Will Hike UK Rates
Will the Bank of England raise rates? What is the likely GBPOUSD reaction? See the discussion on From the Global-View Forex Forum'
GVI Forex17:12:05 GMT - 10/19/2021
Look at this Amazing Trader EURGBP chart (blue lines dominating) to show a flow that is helping to push GBPUSD higher.
Note EURGBP is approaching a key AT area, which was the base for the failed retracement above .85.
GBP strength reflects divergent views on respective central banks, with BOE likely to react o rising inflation (Nov rate hike?) while ECB sticks to its dovish stance.
JP, they got nothing else. if not for covid, then 2020 would be recession year. now they go full on green switch as it will cost trillions over next decades. there is nothing else to pin growth on. so yeah, there will be many hangers on frauds etc thats normal, but the governments in west are behind this as its the only way to get 2-3% growth over foreseeable future. and growth means jobs which means social unrest held off for a bit longer.
MtlJP15:31:50 GMT - 10/19/2021
red re "next 10-15 years of growth is in thanks to going green" - made me chuckle. Compagnies but paint their truck / equipment green, add "green" to their corp name / prospectus / ticker ... and pigeons' money pours in. I love the way in which money transfers from one pocket to another.
londonred13:01:45 GMT - 10/19/2021
can do one and done. but inflation getting out of hand. besides, next 10-15 years of growth is in thanks to going green. theres no question about that but that also brings inflation, so they have to move. nov not a done deal, but by early next year is.
Tallinnviies12:43:37 GMT - 10/19/2021
london red 11:17 GMT - hehehe. right. UK can not hike rates as their recovery is weakest in europe. so hiking rates will kill recovery hopes at all. no food in shops; no gasoilne; no workers; and rate hike.... listen, this is not realistic. currently only talks. will talk few next meetings. are ready, will cosider and so on. no real hikes anytime soon. this is not possible. UK economy will fall off after that. EditDelete
Forex Trading News
Forex Research
Daily Forex Market News Forex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
here.
Forex News Real-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."
Actionable trading levels delivered LIVE to YOUR charts
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
Global-View Affiliate Program
We are starting an affiliate program to market some of our products.
Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.
Put the word "affiliate" in the email subject line.
Are you
looking for your first broker or do you need of a new one? There are
more critical things to consider than you might have thought.
We were trading long before there were online brokers. Global-View
has been directly involved with the industry since its infancy. We've
seen everything and are up-to-data with recent regulatory changes.