We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bullish
Oil - US Crude
Mixed
Wall Street
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bearish
GBP/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • 🇰🇷 Exports YoY Actual: -23.7% Expected: -22.1% Previous: -25.1% https://www.dailyfx.com/economic-calendar#2020-06-01
  • 🇰🇷 Balance of Trade Actual: $0.44B Previous: $-1.4B https://www.dailyfx.com/economic-calendar#2020-06-01
  • 🇰🇷 Exports YoY Actual: -23.7% Expected: -22.1% Previous: -24.3% https://www.dailyfx.com/economic-calendar#2020-06-01
  • 🇰🇷 Balance of Trade Actual: $0.44B Previous: $-0.95B https://www.dailyfx.com/economic-calendar#2020-06-01
  • 🇯🇵 Capital Spending YoY Actual: 4.3% Previous: -3.5% https://www.dailyfx.com/economic-calendar#2020-05-31
  • G10 FX Snapshot: APAC trading open sees slight risk-off tilt. #AUD and #NZD lower alongside stock index futures, #JPY, #CHF and #EUR on the upswing. #USD is a mixed bag.
  • (Asia AM) The #DowJones, #SP500 and #NASDAQ Composite may climb after my Wall Street index avoided a downside breakout. Donald Trump’s news conference on China cooled escalation woes - https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2020/05/31/Dow-Jones-SP-500-Nasdaq-Composite-Ready-for-More-Highs.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/KDrzpy6PFb
  • Preview of my piece previewing Europe/US ⬇️ https://t.co/hVYqYLVQaq
  • US-China tensions remain, #ECB stands ready to expand QE purchases, EU-UK trade talks in focus. Get your #equities market update from @JMcQueenFX here: https://t.co/hKLNJKqMoz https://t.co/h45Cngonhw
  • #Gold has a short-term bullish set-up that may play nicely with USD weakening. The longer and shorter-term path of least resistance remains higher. Get your $XAUUSD technical analysis from @PaulRobinsonFX here:https://t.co/6gt3F9LuGP https://t.co/CR4z6lul34
Video: Trading the GBP/USD on the BoE's Quarterly Inflation Report

Video: Trading the GBP/USD on the BoE's Quarterly Inflation Report

2013-08-07 12:00:00
Christopher Vecchio, CFA, Senior Strategist
Share:

Currency Analyst Christopher Vecchio (@CVecchioFX) discusses possible GBP-based pairs setups (GBPUSD, GBPJPY, GBPAUD) ahead of the Bank of England's Quarterly Inflation Report, which is important more than ever now that Mark Carney has taken the reigns at the BoE. Come find out why dovish expectations were stemmed today, and why the British Pound rallied as a result.

See the DailyFX Economic Calendar for a full list, timetable, and consensus forecasts for upcoming economic indicators. Want the forecasts to appear right on your charts? Download the DailyFX News App.

Want to automate your trading or trade baskets of currencies? Try Mirror Trader.

--- Written by Christopher Vecchio, Currency Analyst

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

To be added to Christopher’s e-mail distribution list, please fill out this form

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.