The Bank of England (Central Bank of England) has accelerated the decision-making of the Monetary Policy Committee (MPC) and the quarterly announcement of the monetary policy report from noon London time (8:00 pm Japan time) on the 7th at 7:00 am It will be announced at (3:00 pm).
After the announcement of the policy decision, the contents of the press briefing by Governor Bailey will be released at 10 am London time (6 pm).
On March 19, the Bank of England announced a policy interest rate cut to a record low of 0.1% and a quantitative easing (QE) increase of £ 200 billion (about 26 trillion yen). However, at this rate, the asset purchase limit is expected to reach the upper limit around the end of June, and Governor Bailey may suggest preparations to further increase the purchase amount in order to curb rising borrowing costs.
-The Bank of England is likely to present multiple scenarios for expected economic growth and inflation trajectory depending on the duration of the lockdown (city blockade).
Although the GBP has also skyrocketed, it seems that it has spread widely to other currencies such as the US stock index, AUD, NZD, and EUR with a positive impression.
From here, choose NZD and buy it, as in the previous email.
Yesterday’s AUDUSD Long has already stopped.
Currently holding positions are EURUSD long and NZDUSD long.