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
Bearish
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
Mixed
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
  • 🇷🇺 Markit Manufacturing PMI Actual: 36.2 Previous: 31.3 https://www.dailyfx.com/economic-calendar#2020-06-01
  • Heads Up:🇷🇺 Markit Manufacturing PMI due at 06:00 GMT (15min) Previous: 31.3 https://www.dailyfx.com/economic-calendar#2020-06-01
  • Emerging market currencies haven’t been treated equally by the effects of global contagion, even if most have suffered to some degree. However withdrawal of investment flows could hit them all. Get your market update from @DavidCottleFX here:https://t.co/QzNoNYgMgP https://t.co/3sonYtNn4F
  • Heads Up:🇮🇳 Markit Manufacturing PMI due at 05:00 GMT (15min) Expected: 38 Previous: 27.4 https://www.dailyfx.com/economic-calendar#2020-06-01
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.58%, while traders in US 500 are at opposite extremes with 75.46%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Zk9rafUjxv
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.88% 🇳🇿NZD: 0.53% 🇬🇧GBP: 0.33% 🇪🇺EUR: 0.28% 🇯🇵JPY: 0.14% 🇨🇭CHF: 0.05% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/vAnfLW0KM5
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: Germany 30: 1.27% FTSE 100: 1.19% France 40: 1.15% Wall Street: 0.07% US 500: -0.03% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/vwJJvA9zOQ
  • The US Dollar is attempting to find direction against the Singapore Dollar, Philippine Peso and Indonesian Rupiah as technical levels hold. The Malaysian Ringgit eyes a key trend line. Get your #ASEAN currencies market update from @ddubrovskyFX here:https://t.co/lcSLkOnJgQ https://t.co/cWQOJBaOpQ
  • (#ASEAN Fundamental Outlook) The US #Dollar is falling against ASEAN currencies such as the Singapore Dollar and Indonesian #Rupiah as stock markets rise. Watch out for US-China escalation and #Brexit talks $USDSGD $USDIDR $USDMYR $USDPHP - https://www.dailyfx.com/forex/fundamental/article/special_report/2020/06/01/US-Dollar-Wilting-as-IDR-SGD-gain-US-China-Spat-Brexit-Talks-Eyed.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/esN2pUqyZW
  • RT @FactSet: Since March 31, $SPX forward 12M EPS has declined by 14.2% while $SPX price has increased by 17.2%. https://t.co/eQTjXfg2dc ht…
Video: Pound Volatility and Trade Potential on BoE Quarterly Report

Video: Pound Volatility and Trade Potential on BoE Quarterly Report

2014-11-11 23:05:00
John Kicklighter, Chief Strategist
Share:

Talking Points:

• The most market-moving theme for the British Pound is the consensus on rate forecasts

• That makes the BoE Quarterly Inflation Report a high profile volatility and trend candidate

• Tradability, however, is not created equal as GBPUSD, EURGBP, GBJPY are respond to different outcomes Want to develop a more in-depth knowledge on the market and strategies?

Check out the DailyFX Trading Guides we have produced on a range of topics.

There is always event risk on the docket and some of it is high level. However, not many releases can be expected to generate volatility regardless of their outcome. The upcoming Bank of England (BoE) Quarterly Inflation Report is one of those few. For the British Pound, the top market-moving fundamental theme is interest rate expectations. Yet, there are few opportunities for speculators to find a definitive update on where the central bank will head with monetary policy going forward. The Quarterly report affords that opportunity, and the sudden realignment rarely fails for immediate market impact and it frequently revives or turns established trends. So what do we expect with this update? What Pound pairs are best positioned for different outcomes? We focus on this event risk in today's Strategy Video.

Sign up for John’s email distribution list, here.

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

DISCLOSURES

News & Analysis at your fingertips.