Sterling Digest: February 6, 2012
- faithmight
- February 6th, 2012
There is a whole Tumblr dedicated to captioning the UK Prime Minister. Hilarious.
It is a very light week out of the UK with the all the notable news released this week on Thursday. With more QE3 looming, $GBPUSD looks to unwind and correct its recent rally heading into the Bank of England announcement on Thursday. With the $GBPAUD at new all-time lows, tomorrow’s Reserve Bank of Australia will move this currency pair before the BoE has its way.
- Forex EURUSD, GBPUSD, EURJPY Key Levels and Bias (Tics&Pips)
- £50bn to be pumped into the economy (The Independent)
- Rate cut hopes fade (The Sydney Morning Hearld) [video]
- UK: To QE or Not to QE? That Is the Question (EconoMonitor)
- Austerity, or something else? (The Economist)
- UK faces a two-year recession if euro fails, IFS warns (The Telegraph)
- Plosser slams Fed’s 2014 low-rate forecast (Reuters)
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Lydia Idem has been investing in equities for 16 years and trading currencies actively for 5 and a half years. Her trading style is simple and short term. With a special feel for sterling, Lydia trades almost exclusively the GBPUSD and EURGBP. You can follow Lydia on Twitter and StockTwits... (more) -
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