FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted that there are four major central banks that meet in the week ahead, Australia, UK, euro area and Japan.
"They are unlikely to be instrumental in the shaping the price action."
"The BOE is the easiest to dismiss as when it doesn't do anything; it does not talk about it. The inflation report on August 13 and the MPC minutes on August 20 may be more important."
"There is some speculation that the first dissent in favor of a rate hike could take place this month. We are less sanguine."