Base Rate

It’s been a month since we updated our list! Can you guess what authorities have done to step up their stimulus efforts in the past couple of weeks?

Sterling closes the week as a net loser, feeling the global risk aversion environment from growing coronavirus fears & speculation of Brexit talk breakdowns.

I’ve been getting a lot of questions about the basic economic reports and how they can affect forex price action. Here’s a list of the common ones that you should at least know about!

Bad economic data was no problem for the GBP as risk sentiment & counter currency weakness were likely the reasons for Sterling’s out performance.