Strategy of the Week

Strategy of the Week

15 June 2015, 17:50
Alen Vujica
0
116

Strategy of the week
UK Consumer Price Index (CPI) 
UK CPI is big mover for the pound,and the reason for that is BOE expects CPI reading higher and improving every month.If that happens that is the next step to hiking the rates at the end of 2015.If we get negative reading that could be taken badly and everyone will start to think rate hike is not coming any time soon.

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