Forex News out tomorrow; Wednesday 13th May
Forex News
Evening Traders,
Above is the news out for tomorrow. I think that one of the most important times to watch is 10.30am GMT when BOE Gov King speaks. This is generally a very volatile time in the market as traders attempt to decipher the interest rate clues.
Why do we care about this news?
Myrvyn King is head of the central bank which controls short term interest rates. Mr King has more control over the nations currency value than any other person. Traders scrutinise he talks as he often drops subtle clues regarding future monetary policies.
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