I am reading for forex news release predictions and waiting for Bank of England Meeting Minutes. I am told to buy if the announcement is "hawkish".
In Stock or Forex trading, what does "hawkish" means?
Posted by admin on July 31st, 2010
I am reading for forex news release predictions and waiting for Bank of England Meeting Minutes. I am told to buy if the announcement is "hawkish".
best informations about forex in : http://www.fx4c.com
it means run away
Somebody who has an agressive view…so if the bank of England issues an statement which suggests that further increases in interest rates are likely.
a kind of index for measurement some rate
Hawkish (Hawk) means preferring higher or raising interest rates to fight inflation and its effects on the economy. The opposite is Doveish (Dove) is someone that prefers lower or lowering interest rates in the belief that inflation and its effects will have minimum impact on the economy.
If they say a Hawkish statement is believed to be coming out, it means the Central Bank is going to take a stance of fighting inflation and thus will be raising interest rates.