Archive for FX Alert Service
British Pound Fails to React to BoE Interest Rate Decision, ECB Maintains Current Policy
The Bank of England held the benchmark interest rate at 0.50% and maintained its asset purchase target at GBP 200B, but…
USD Graphic Rewind 06.10
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Australian, New Zealand Dollars Sink as Chinese Inflation Hits 19-Month High
The Australian and New Zealand Dollars declined after China reported the highest inflation rate in 19 months, feeding…
New Zealand Dollar Rallies as RBNZ Raises Rates
The New Zealand Dollar rallied sharply against the US Dollar and other counterparts as the Reserve Bank of New Zealand…
Daily Sound Bites 06.10
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Crude Oil on the Brink of Breaking Out, Gold Double Top Confirmed
Crude is at a critical technical level with a break to the upside exposing $80, while gold is due for another period of…
ECB to Keep Rates Unchanged Amid Ballooning Budget Deficits
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Opening Comment 06.11
The appetite for risk has improved dramatically over the past few sessions of trade, with a number of positive…
Euro Maintains Rally as Policy Makers Raise Economic Outlook, British Pound Halts Two-Day Rally
The Euro maintained the short-term rally from earlier this week and pushed to a high of 1.2140 during the overnight…
GBP/USD: Trading the Bank of England Interest Rate Decision
As the new coalition in the U.K. aims to tackle the ballooning budget deficit, the central bank is widely expected to…
