Sunday, April 24, 2011

FX Trading - Changes

Since everyone's so focused on rates, here's a look at GBPUSD with rate actions marked-out. Make of it what you will.

GBPUSD Weekly; rate changes












Notes:
- amounts in basis points
- last hike 05 Jul 07, 25bps to 5.75%
- last cut 05 Mar 09, 50bps to 0.50%; Start Asset Purchase Prog. (AP)
- last increase in AP 05 Nov 09 to GBP 200b

Peace

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