Thursday, June 28, 2007
In Stock or Forex trading, what does quot;hawkishquot; means? -
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 quot;hawkishquot;. 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. 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 it means run away best informations about forex in : http://www.fx4c.com
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