No major data & event for the day: Keep an eye on FOMC meet


Today we do not have any major data or event for the day. All eyes are on an upcoming FOMC meet.

FOMC meet

GBP: BOE Gov Bailey Speaks at 11:00 AM

Measures: Due to speak at the Mansion House Financial and Professional Services Dinner, in London

BOE Governor Mar 2020 – Mar 2028. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues

As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy


USD: FOMC Member Brainard Speaks at 2:35 PM

Measures: Due to speak at the Federal Reserve Bank of Minneapolis Center for Indian Country Development, via satellite

FOMC voting member Jun 2014 – Jan 2026

Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy

FOMC meet

Source: Forex Factory

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