GBP
BOE Gov Carney Speaks
BOE Inflation Report
EUR
ECB President Draghi Speaks
source: forexfactory
BOE Gov Carney Speaks
Description | Due to hold a press conference, along with other MPC members, about the Inflation Report, in London; |
Source | Bank of England (latest release) |
Speaker | BOE Governor Mark Carney; |
Usual Effect | More hawkish than expected = Good for currency; |
Next Release | May 14, 2014 |
FF Notes | BOE Governor Jul 2013 - Jun 2018. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; |
Why Traders Care | As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; |
Acro Expand | Bank of England (BOE); |
BOE Inflation Report
Source | Bank of England (latest release) |
Frequency | Released quarterly; |
Next Release | May 14, 2014 |
FF Notes | This report includes the BOE's projection for inflation and economic growth over the next 2 years. The BOE Governor also holds a press conference to discuss the report's contents upon release; |
Why Traders Care | It provides valuable insight into the bank's view of economic conditions and inflation - the key factors that will shape the future of monetary policy and influence their interest rate decisions; |
Acro Expand | Bank of England (BOE); |
EUR
ECB President Draghi Speaks
Description | Due to speak at the European Monetary Institute's "Progress through Crisis" Conference organized by the European Central Bank and National Bank of Belgium, in Brussels; |
Source | European Central Bank (latest release) |
Speaker | ECB President Mario Draghi; |
Usual Effect | More hawkish than expected = Good for currency; |
FF Notes | ECB President Nov 2011 - Nov 2019. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; |
Why Traders Care | As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; |
Acro Expand | European Central Bank (ECB); |
source: forexfactory