The latest Bank of England Inflation attitudes survey for November
- 1yr inflation expectations 2.9% vs 2.8% prior
- 2yr 2.9% vs 2.7% prior
- 5yr 3.5% vs 3.4% prior
- 63% expected interest rates to rise in next 12 months vs 42% prior. Highest in over 2 years
- Net public satisfaction with BOE rate setting 31 vs 24 prior. Highest since Nov 2016
This data will be welcomed by the BOE as they will say that their guidance on monetary policy is feeding through to the public.
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Just thought I should write and let you know what a fantastic service you provide. As a trader (learning to be a trader) I find your stories, comments and analysis excellent. They really help make some sense of what is going on in the forex markets. Keep up the great work.
Thank you very much FXJohn. We’re only just beginning so spread the word my friend.
Also, we’re here to help so if you have any questions at all on trading and things you struggle with, please feel free to ping us a comment or an email via the contact form.
I think one of the issues for a trader working from home is the isolation. It can be a lonely pursuit gazing at the charts and being hit with data releases and breaking news destroying your trades. Of course its fantastic when the trade plays out as you expected and you bank some profit but reading ForexFlow and the real time comments certainly helps me feel connected and helps make sense of the nonsense.
We’re all in the same boat FXJ. I work from home in my little office and it can be a lonely place. Searching for a good trading community is how I came to writing publicly about trading but that’s another and long story 😉
I didn’t know you worked from home as well as you say it can be a lonely place I also have had thoughts of finding a trading community but that has not been easy.
Indeed sir. Been trading full-time from home since 2010, and writing since 2012.
much appreciated