COVERITLIVE.COM

11:43

FXstreet.com - Information and opinions contained in this live coverage session are for educational purposes only and do not constitute trading recommendations.

11:45

FXstreet.com - Trading OTC Forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange or futures you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading, and seek advice from an independent financial advisor if you have any doubts.

11:45

FXstreet.com - Today’s sponsor is FXCM.

11:46

FXstreet.com - Good morning, good afternoon and good evening to everyone all over the world. Today's BoE and ECB Interest Rates Decisions Live Coverage will start shortly. I am really pleased to introduce Valeria Bednarik who is going to take part in this live event today as a co-presenter. She will be giving us a direct picture fo the market status.

11:46

FXstreet.com - Valeria Bednarik has been an active Forex trader for the last 4 years, specializing in the International Foreign Exchange Market. She also graduates in the Universidad Catolica del Salvador, in Argentina, as a Public Account, specializing in financials and cost managements. She currently manages an important clients portfolio for IFX Markets, Boston and is senior trader manager at Molfx-Management; besides she works training new traders with Trader College LLC specializing in technical analysis, for the English speaking community.

11:47

Valeria Bednarik - Hi everybody and welcome! as always is a pleasure to be here with you again. in less than 15 minutes BOE will make it's stance regarding monetary policy. Rates are expected unchanged, yet there has been lot's of especulations about an extension of QE for 25 billion pounds. That will be today's key for GBP.

11:49

Valeria Bednarik - I believe an extension of QE likely to drag Pound to the downside, despite this week fundamental readings had been quite good in average, and despite market sentiment. Key support lies at the 1.4770 area.
On contrary, if they dont extend QE GBP likely to retest 1.6600 area

11:49

[Comment From savio]
will gbp/usd go down?

11:50

[Comment From rere]
what your predict gbp/usd?

11:51

Valeria Bednarik -

Well we have a huge time lag, sorry for that! yet as commented above, I beleive you have your answer right?

11:51

[Comment From zaphy]
Hi Val! 25b GBP of QE...let's see how much it is going to weight the pound down :)!...I mean southwards

11:51

Valeria Bednarik - Exactly Zaphy! if is real remember is just speculation for now

11:52

[Comment From praomd patil]
is there any update on interest rates decision by Boe and Ecb

11:52

Valeria Bednarik -

Not yer praomd, we need to wait a bit more

11:52

[Comment From macharia]
hi valeria..welcome n pressure to have u 2day

11:52

Valeria Bednarik - And you will see me back tomorrow! and Tks

11:52

[Comment From Simon]
Honestly, where do you see EUR-GBP in 3 months?

11:53

Valeria Bednarik - I believe closer to 0.85 no much distance from here

11:53

[Comment From mafacifa]
so what would b the reaction for GBP if QE +50bl?

11:53

Valeria Bednarik - Well, Pound should fall harder if they extend QE above market expectations.,,,let's see

Page 1 Next >