Forex Trading Signals

The BOE & FOMC Minutes

The focus will be on the pound and the dollar. Today, we have the release of BOE Minutes at 09.30 GMT and then the FOMC Minutes at 19.00 GMT.

Bloomberg reported that

The Office for National Statistics report showed inflation slowed last month less than forecast, prompting speculation the BOE will reduce the pace of interest-rate cuts.

Consumer prices rose 3 percent in January from a year earlier, after a 3.1 percent increase in the previous month. The median forecast of 31 economists surveyed by Bloomberg was for a 2.7 percent increase. The pound fell 0.3 percent to $1.4232.

Interest Rate

Both the Fundamental News is on the interest rate of the pound and the dollar. In this case the best currency pair to trade is the GBPUSD.


Long Position at: 1.4268
Stop Loss at: 1.4168
Take Profit at: 1.4380 / 1.4484


Short Position at: 1.4220
Stop Loss at: 1.4320
Take Profit at: 1.4100 / 1.4030 / 1.3952


Forex Trading is a very risky trade and if you decide to trade, kindly note that you trade at your own risks. You Open Position, Take Profit and put a Stop Loss at Your Own Risks. We hold no responsibility for any losses or damages incurred.

Share This Post:

Technorati : , , ,

7 Responses to “Forex Trading Signals”

  1. opher from T (2 comments.) says:

    Thank you for the tips and advice.
    I have done fairly decent with Forex. I first started out with a practice account as I grew in my understanding of the process and the flow of the market.

    Topher’s last blog post..Usher’s Wife is Recovering

  2. vinay (1 comments.) says:

    Hope the inflation rate goes down. It is major cause of concern at this very moment due to recession.

    vinay’s last blog post..Online Money With Google AdSense Part - IV

  3. Drupal Web Development (1 comments.) says:

    This post is really a must bookmarked for me! Thank you so much.
    Just asking, do you use Aweber? If so, can you provide more information on this? I am subscribed to your rss to check if you are going to post something on Aweber.

  4. Real (1 comments.) says:

    Very nice information. This is the information that I’ve been looking for. I’ve been looking for this throughout the web however they are not as informative as this

  5. Vtech Educational Toys (3 comments.) says:

    Finally something new for me to learn and bookmark. Hey thanks again, I am already subscribed. You can contact me if you need to.

  6. Get hot holiday toys (2 comments.) says:

    Just found your site by accident. Excellent content here. Will be back for more!!!

  7. forexwatch says:

    You are always Welcome.

Leave a Reply

This site uses KeywordLuv. Enter YourName@YourKeywords in the Name field to take advantage.