Alfa-Forex - News

    Alfa-Forex

    420.50 7.00/10
    66% of positive reviews
    Real

    Bank of England's interest rate decision

    Tomorrow at 11:00 GMT, the Bank of England will announce the interest rate decision. The event is expected to affect the British pound currency pairs' dynamics. "The Old Lady," known for her conservatism regarding the monetary policy, will likely keep the rate at 0.25%. Investors anticipate that the assets purchase facility will remain unchanged as well (435 billion pounds).

    However, the CPI statistics of the third quarter create an intrigue for the British pound bullish speculation. As a result, the quantitative easing program termination is something one may expect. The regulator may give a hint to its plans in a traditional monetary currency report, and we should take into consideration these hints!

    Time, GMT

    Currency

    Event

    Forecast

    Previous

    11:00

     

    11:00

     

    11:00

    GBP

     

    GBP

     

    GBP

    Bank of England rate decision

     

    Bank of England asset purchase facility



     Bank of England monetary policy report

    0.25%

     

    £435 bln

    0.25%

     

    £435 bln

     

    If you potentially wish to trade the news, please sign in into your Personal area and open a MetaTrader account. If you have not already done so, please download the trading platform and open a position. For more details, please contact your administrator – Alfa Forex representative – by calling 357-22-470-969. In any investment decisions you will take, we wish you successful trading!


    The information that is provided in this news feed must not be considered as investment advice or personal recommendation. It must not be used or considered as an offer or solicitation of an offer to buy or to sell any trading instrument. Although the information in this document is based on sources the Company believes to be reliable, no representation or warranty, express or implied, is made by the Company. The Company makes no warranty or representation that any trading instruments referred to herein are suitable for you. Therefore potential investment decisions following this news feed should seek appropriate independent advice. Positions in financial instruments involve risks. Trading in leveraged products such as forex and CFDs puts your capital at risk. You should not risk more than you can afford to lose; it is possible that you may lose more than your initial investment. For additional information, please read the Risk Warning of Alfa-Forex.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree