by Johan Kriek (jkriek@fxinstructor.com)
Key events today:
12:00PM GMT BoE rate decision
If the Bank of England raises interest rates, we could see the Pound shoot for the stars
If the Bank of England lowers interest rates, we could see how the Pound gets pounded. I will not be surprised if we see a cut. Remember the low GDP figure we saw last month?
12:45PM GMT ECB rate decision
If the European Central bank raises interest rates, we could see the EUR move higher although this is highly unlikely
If they cut interest rates, the EUR could fall considerably. I do not think they...