Official Data Takes a Back Seat as Central Bankers Opine | Webinar
UK wages and employment data on Wednesday should help guide GBP for the rest of week but commentary from BoE governor Mark Carney and three other MPC members to the Treasury Select Committee late that day could be the real driver of future moves in Sterling. Over in the US, several Fed speakers are also set to give their views on a wide range of topics.
- UK wages are set to remain stagnant leaving UK consumers worse off every month as inflation remains sticky at 3%.
- Japanese inflation (January) will be released late Thursday and should be watched closely by GBPJPY traders.
- The FOMC minutes are released on Wednesday giving the half-a-dozen scheduled Fed speakers plenty to talk about. You can see the timetable of all of this week's central bank speakers in our Economic Calendar.
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--- Written by Nick Cawley, Analyst
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.