AWARDS

What is it? It checks the change in interest rate on the main refinancing operations that provide the bulk of liquidity to the banking system.

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

When? November 6^th at 7:45am Eastern Time.

Trading Tip: If the number is higher than the forecast, you can expect the EUR to rise.

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What is it? It checks the change in the interest rate at which the BOE lends to financial institutions overnight.

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

When? November 6^th at 7:00am Eastern Time.

Trading Tip: If the number is higher than the forecast, you can expect the GBP to rise.

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4 Tips for Today's Trading

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

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What is it? It checks the change in the total value of money the BOE will create and use to purchase assets in the open market.

It increases demand for bonds which usually leads to lower long-term interest rates.

When? November 6^th at 7:00am Eastern Time.

Trading Tip: If the number is lower than the forecast, you can expect the GBP to rise.

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Other top stories:

4 Tips for Today's Trading

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

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What is it? It checks the change in the total inflation-adjusted value of output produced by manufacturers.

It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings.

When? November 6^th at 4:30am Eastern Time.

Trading Tip: If the number is higher than the forecast, you can expect the GBP to rise.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

4 Tips for Today's Trading

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

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