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November 3, 2016

FBS, Volatility: Beware of the UK vote on "Interest Rate Decision"

High Volatility Expected: Bank of England’s Meeting & Press Conference.

This article is originally referred from FBS News.

Here is a kind reminder of important economic announcement of today by FBS.


The Bank of England’s Monetary Policy Committee members will announce the results of their vote on the interest rates and other policy tools at 14:00 Metatrader time.

Then the BOE Governor Mark Carney will comment the Committee’s decision and answer the reporters’ questions.

Volatility is usually observed during the meeting and the press conference.

Beware of the changes in the movement of GBP/USD and EUR/GBP.

Original Source: FBS News

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