Beware of robber banks (RB), bad advisors.
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FX Week Ahead: UK & Canadian CPI; FOMC, BOJ, & BOE Meetings
UK economic data has gone under the wire in recent weeks as the rollercoaster Brexit negotiations have been a black hole for attention. Yet in the days ahead of the December Bank of England policy meeting, traders will be paying attention to the November inflation report due out on Tuesday. Headline inflation is due in at +2.3% from +2.4% (y/y), and the monthly reading is due in at +0.2% from +0.1% (m/m). Core CPI is expected to have dippedto +1.8% from +1.9% (y/y). Evidence that inflation is moderating should be neither a positive or negative catalyst for the British Pound, especially as both core and headline ... (full story)