The BOE is expected to leave the rates unchanged [Video]
|Today’s London session will kick off with PMI services data out of Italy, France, Germany, Eurozone and the UK between 7:45 and 8:30 AM GMT. However, the main focus of the markets will be on the Bank of England Rate Decision and their Inflation Report at 11 AM GMT. The BOE is expected to leave the rates unchanged at 0.25%. The US jobs report will be up next at 12:30 PM, expected to tick lower to 240k from last week’s reading of 244k. The ISM Services/Non-Manufacturing Composite (JUL) will keep the USD moving when it is released at 2 PM GMT. Thanks for watching, invest responsibly, and I wish you the best of luck making pips by trading forex.
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