After a quiet few days for data and events, next week the calendar has a few high importance releases that will shift British Pound pairs.
Source
British Pound Forecast: GBP/USD, EUR/GBP Face Heavyweight Risk Events
access_timeNovember 27, 2024
Latest:
- ANZ forecast 25bp RBNZ rate cuts in February, April, and May 2025
- RBNZ Gov Orr says tariffs would put up pressure on price levels globally
- What is the Reserve Bank of New Zealand even doing? This is a horror ‘typo’/link
- PBOC sets USD/ CNY mid-point today at 7.1982 (vs. estimate at 7.2535)
- PBOC is expected to set the USD/CNY reference rate at 7.2535 – Reuters estimate
- Intervention effort – South Korea pension fund selling dollars, buying won in recent weeks
- Deutsche Bank base case is now for a higher Fed terminal rate than previously expected
- BoE Lombardelli – need more evidence of cooling price pressures before another rate cut
- ICYMI – Standard Chartered forecasts Bitcoin to US$200K
- Economic calendar in Asia Wednesday, November 27, 2024 – Reserve Bank of New Zealand day!
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