Industrial production and Manufacturing numbers come out at 4:30 ET. Cable has been trading in a range all night. MPC was hawkish last week, but with PPI weak last night and depending on these numbers the market will be able to see if they are warranted in being hawkish. Plus tomm. we have the inflation report. Pretty important numbers.
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Important UK eco numbers
- Thread starter globalfxllc
- Start date
Quote from globalfxllc:
Industrial production and Manufacturing numbers come out at 4:30 ET. Cable has been trading in a range all night. MPC was hawkish last week, but with PPI weak last night and depending on these numbers the market will be able to see if they are warranted in being hawkish. Plus tomm. we have the inflation report. Pretty important numbers.
Did you trade this?
yeh I went short after the numbers.
I have been trading short in and out.
The fact that it broke 1.76 was pretty big.
I have been trading short in and out.
The fact that it broke 1.76 was pretty big.
that was def. a one off event