Demo Trading Account Open a Live Account Deposit Funds Account Forms FXDD Home
Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.
Home » Forex Market Discussions » Mr. Danish FX's blog

Forex Trading News: UK and EUROZONE Interest Rate Preview

Posted by Mr. Danish FX on Thu, 06/05/2008 - 5:33am in

At 7:00 AM today, the Bank of England will release the UK's Interest Rate decision. At 7:45 AM the ECB will release the EUROZONES's Interest Rate decision. This announcement is based on the votes from the respective groups on to where to set the interest rate. Both releases are forecast for no change (UK at 5.00%/EUROZONE at 4.00%) . If there is a surprise move, expect the related currencies to react sharply.

email us with comments