Ben Bernanke was the first man par excellence in the last week when he made the remarks during the day Wednesday and Thursday before Congress and the Senate in the United States
Fundamental analysis
Ben Bernanke was the first man par excellence in the last week when he made the remarks during the day Wednesday and Thursday before Congress and the Senate in the United States
All the lights are on the statements made by Fed Chairman Ben Bernanke, which was filled with caution, it is known that Ben Bernanke's remarks are based on two main points of the first tightening of monetary policy and the second asset purchases. Ben Bernanke said the day before Congress Wednesday that the decision to postpone the process of reducing its asset purchase program (QE) until half of next year not Balhtmi that reduction depends entirely on the upcoming economic data. Then returned and peered Fed Chairman on Thursday before the Senate to come back and confirms what he said in the previous day that reducing the quantitative easing program is not Palmakd
In relation to pound sterling there was a first meeting of the Bank of England for the month of July after receiving Mark Carney helm, monitoring traders closely to his statements about expanding or reducing quantitative easing, but the result was a stop quantitative easing exactly which stop buying assets of $ 375 billion per year, which means that the British central bank will stop pumping money into the market, which may lead to reduced liquidity and supply at the same time and thus to higher Pound Alstrlena. He also confirmed that the rate of interest will not be less than 0.5 percent
Japanese Yen was also in the spotlight after the results of the Japanese Senate elections that took place over the weekend which resulted in the superiority of the Japanese yen against its major counterparts
This week sees quieter in the decisions and statistics, as waiting for the day Wednesday, the interest rate decision of the Reserve Bank of New Zealand, which is expected to remain 2.5% to support growth, the New Zealand central bank's policy has not changed
Also waiting for the day Thursday gross domestic product (GDP) is British output is expected to be 1.4% versus 0.3% in the previous This significant increase can be reflected positively on the pound sterling, which may lead to the rise, all of this accompanied by the British central bank's decision to reconcile quantitative easing program
Witnessing the same day the U.S. durable goods orders are goods that are expected to live for more than three years, these products often require large investments and usually reflect optimism on the part of the buyer, especially for high expenditures,
It is expected to be a census 1.1% versus 3.6% in the previous
Fundamental analysis
Ben Bernanke was the first man par excellence in the last week when he made the remarks during the day Wednesday and Thursday before Congress and the Senate in the United States
All the lights are on the statements made by Fed Chairman Ben Bernanke, which was filled with caution, it is known that Ben Bernanke's remarks are based on two main points of the first tightening of monetary policy and the second asset purchases. Ben Bernanke said the day before Congress Wednesday that the decision to postpone the process of reducing its asset purchase program (QE) until half of next year not Balhtmi that reduction depends entirely on the upcoming economic data. Then returned and peered Fed Chairman on Thursday before the Senate to come back and confirms what he said in the previous day that reducing the quantitative easing program is not Palmakd
In relation to pound sterling there was a first meeting of the Bank of England for the month of July after receiving Mark Carney helm, monitoring traders closely to his statements about expanding or reducing quantitative easing, but the result was a stop quantitative easing exactly which stop buying assets of $ 375 billion per year, which means that the British central bank will stop pumping money into the market, which may lead to reduced liquidity and supply at the same time and thus to higher Pound Alstrlena. He also confirmed that the rate of interest will not be less than 0.5 percent
Japanese Yen was also in the spotlight after the results of the Japanese Senate elections that took place over the weekend which resulted in the superiority of the Japanese yen against its major counterparts
This week sees quieter in the decisions and statistics, as waiting for the day Wednesday, the interest rate decision of the Reserve Bank of New Zealand, which is expected to remain 2.5% to support growth, the New Zealand central bank's policy has not changed
Also waiting for the day Thursday gross domestic product (GDP) is British output is expected to be 1.4% versus 0.3% in the previous This significant increase can be reflected positively on the pound sterling, which may lead to the rise, all of this accompanied by the British central bank's decision to reconcile quantitative easing program
Witnessing the same day the U.S. durable goods orders are goods that are expected to live for more than three years, these products often require large investments and usually reflect optimism on the part of the buyer, especially for high expenditures,
It is expected to be a census 1.1% versus 3.6% in the previous