The fundamental arguments are compelling. The technical picture irresistable. Bulls have their say. Bears polish their claws.
One thing the candlesticks tell us: both sides are willing to stay on the sidelines until a clearer picture emerge.
Posted on June 25th, 2008 by Soh Tiong Hum
Filed under: Economic Indicator, Technical Picture | No Comments »
Bank of Japen Monetary Policy Meeting Announcments can be found here.
Posted on June 13th, 2008 by Soh Tiong Hum
Filed under: Economic Indicator | No Comments »
Interest rate decisions affect currencies in a big way. The Bank of England or BOE is the central bank of the United Kingdom. Its interest rates decisions naturally reflect the Sterling. On April 10, 2008, the BOE reduced the official Bank Rate to 5.0% from 5.25%.
According to the Bank of England, “The Bank sets interest [...]
Posted on April 12th, 2008 by Soh Tiong Hum
Filed under: Economic Indicator | No Comments »
