Fundamental Freddie Weekly Report – 05-Jan-13

On Thursday 10th January it’s the 1st Interest Rate announcements of 2013 for the Euro (EUR) & Great British Pound (GBP). Some volatility will be expected but the biggest surprise will be if either country announces any change!

The GBP & EUR rate announcements on Thursday occur within an hour of each other (12:00 and 12:45 respectively).  However, with both rates at or near all time lows, there is little expectation of a decrease – On the other hand, an increase would also be more than a surprise for the majority.

So, expect some volatility as usual and expect extreme moves only if any change to either rate is announced.

[notify_box font_size=”13px” style=”blue”]Remember, an increase in the Interest rate should be GOOD news for the currency (as it attracts more Buyers) and a decrease, especially an unexpected one, should be BAD news for the currency.[/notify_box]

This Weeks News

As always, here is a list of the major news events for the week ahead (source = Forex Factory):

Fundamental Freddie - 2013-01-05 - Calendar

[notify_box font_size=”13px” style=”green”]Click HERE for more Fundamental Freddie[/notify_box]

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I accept no liability for loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on any information in this report or analysis.