The Bank of England is scheduled to release their interest rate decision as well as the Asset Purchase and the expectations are to keep both their official bank rates and Asset Purchasing Program unchanged. Interest Rate Bank of England For today, the focus will be on the announcement of the [Continue Reading]

The Forex Trading Signals are generated for GBPUSD trades with the announcements of the Claimant Count Rate and Jobless Claims Change of UK. [Continue Reading]

The GBPUSD Trading Signals are generated for GBPUSD trades with the announcements of the Consumer Price Index and Core Consumer Price Index of UK. [Continue Reading]

The Dollar dropped because the Initial Jobless Claims increased by 12,000 to 472,000, indicating that there are a greater number of jobless Americans in the labor market in spite of the expected better US economic growth. [Continue Reading]

A Strong Dollar Strategy July 15 (Bloomberg) – U.S. Treasury Secretary Timothy Geithner said in an interview with Al-Arabiya television that the administration of President Barack Obama favors a strong dollar and expressed confidence the greenback will remain the main reserve currency. The yen [Continue Reading]

Dollar Weakens The dollar was under selling pressure and declined further to the lowest level against the Euro, Pound and Yen. Against the Euro it is it declines to the lowest since January. The weakening of the Dollar started in March after the Federal Reserve announced its plan to buy up to $300 [Continue Reading]

Pound Strengthens May 18 (Bloomberg) — The pound rose against the euro and the dollar after an industry report showed U.K. home sellers raised asking prices in May by the most in more than a year. The Pound appreciated to 88.24 pence per Euro from 88.93 pence on May 15. It also rose to [Continue Reading]