Category Archives: GBP/AUD

GBPAUD: Bulls in Control Ahead of “Super Thursday” Shenanigans

Matt Weller

As my colleague Kathleen Brooks noted yesterday in her in-depth preview, today is a major day for the British pound (see “Bank of England: Binge Watching the Bank’s Next Move”). In addition to the monetary policy meeting itself, the Bank of England will also release the minutes from its previous meeting and most importantly of all, its Quarterly Inflation Report, which outlines the policymakers’ longer-term views on the economy and monetary policy. It’s no exaggeration to say that the information revealed during “Super Thursday” could impact trade in sterling not just for the day or week, but for months to come. more…