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Construction Figures for The UK main Focus US Dollar exchange rates In the US the November PPI is likely to decline on the month due to lower oil prices. This is followed by the University of Michigan confidence measure for December. Pounds to Euros Yesterday saw the Pound push above 1.90 against the Aussie Dollar …
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ECB president Draghi stated he will Buy Euros Later this afternoon we have the US retail sales figures for November that will provide an insight on the strength of consumer spending moving into the holiday period. Despite evidence that US economic growth is accelerating, retail sales have been relatively disappointing in the second half of …
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Buying Euros – Draghi will it work to save Europe? Good morning, Australian employers added the most jobs in more than two years last month as the central bank’s plan to spur growth with record-low interest rates appears to be working. The number of people employed rose by 42,700, the biggest gain since March 2012 …
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Pounds to Australian Dollar exchange rates Good morning, Yesterday saw the Pound push above 1.90 against the Australian Dollar (the highest in 5 years) following overnight Australian unemployment figures. Whilst the pound continues to weaken against the US Dollar it remains attractive amongst most other currencies. Today in the UK we have the construction figures …
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Pounds to New Zealand Dollars New Zealand Dollar exchange rate Later this evening in New Zealand the reserve bank delivers its latest policy announcement having raised interest rates by 100 points so far this year , the RBNZ is expected to hold fire at today’s meeting and leave rates on hold. However markets will watch …
Pounds to Australian Dollars Good afternoon, Mark Carney may reveal tomorrow if he’s willing to turn the key on discussions the Bank of England keeps behind closed doors. A change in policy would mark another step in Carney’s ongoing revolution at the central bank, and might also be an opportunity to unveil any possible wider …
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Pounds to Euros today Yesterday evening Bank of England policy maker Martin Weale said weak productivity growth may mean higher interest rates are needed in the short term to prevent demand putting a squeeze on the economy and boosting inflationary pressures. Persistently slower productivity growth would have two implications for interest rates, Weale said in …
Buy Australian Dollars & New Zealand Dollars The Australian business sentiment dropped to the lowest level since before last years election. Economists are now predicting the central bank will cut interest interest rates twice in 2015. This was the worst news for the Australian dollar and foreign exchange traders were quick to dump the Aussie …
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Good morning, Pound pushed higher yesterday against the Euro following euro data but did manage to lose all gains by the end of the day. The US dollar continues to benefit from all global economic problems due to its safe haven status. Yesterday evening Bank of England policy maker Martin Weale said weak productivity growth …
Who is Buying Euros Today In what is a fairly quiet day for markets today’s German Industrial data for October will be watched particularly closely given ongoing concerns that economic growth in the euro areas largest economy is faltering. Mario Draghi is about to get an idea of how far reality falls short of his …