USD surged after Fed's speech. NFP is eyed
The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
Pay attention to the GBP
Information is not investment advice
The bank of England will publish its monetary policy summary and make the announcement of the interest rate on May 2 at 14:00 MT time. After that, the BOE governor Mark Carney will make a speech at 14:30 MT time.
The interest rate is expected to remain at 0.75%. We need to pay attention to the changes in the statement and the comments by the BOE governor. At the moment, the bank keeps its dovish outlook due to the Brexit uncertainties and weaker global economic conditions. Any hawkish outlines may support the British pound.
• If the BOE is hawkish, the GBP will rise;
• If the BOE is dovish, the GBP will fall.
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Oil surged after OPEC meeting
Great news for oil bulls! OPEC and its allied producers agreed to expand output cuts for the next month.
USD surged after Fed's speech. NFP is eyed
The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
What will happen to the euro after the ECB meeting?
The European Central Bank publishes its monetary policy statement that includes an announcement of the interest rate on March 11, at 14:45 MT time.
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