The Bank of England surprised investors at its last meeting with a significant easing. Here's how to trade this week's get-together.
Sure, the news from Europe is major, but don't forget the upcoming Bank of England meeting. It could generate a nice trading opportunity, says Andrew Busch, global currency and public policy strategist for BMO Capital.
"If you look at the economy, it's extremely weak," Busch told CNBC's Melissa Lee. Britain was even "just downgraded by their own country," he says, alluding to a lowered growth forecast from the Office for Budget Responsibility.Meanwhile, some 40% of British exports go into the euro zone, and with the crisis there continuing, that can only hurt.