Wednesday, 20 March 2024
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17:26 | 28/4/18
FX Empire
The British pound fell during most of the week, reaching down towards the uptrend line and the 1.3750 level. I think the 1.3650 level is essentially where the bottom of the uptrend would be, so if we break down below there on a daily close, I think ...
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17:03 | 28/4/18
FX Empire
The EUR/GBP pair exploded to the upside during training on Friday, breaking above the 0.8750 level, which was an area that I anticipated to see resistance at.
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00:11 | 2/4/18
Sputnik International
Chances are that Russia's Central Bank could respond to possible British sanctions by reducing investments in bonds and the British pound. Many experts believe that even though theoretically possible, this would not make much sense because, first, the ...
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22:06 | 28/2/18
Pound Sterling Live
"Squeaky bum time for GBP, big few days of Brexit headlines," warns Viraj Patel, an FX strategist at ING Group. Sterling has edged lower in following the release of the legal document, but the decline is relatively unremarkable which suggests for ...
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20:38 | 23/2/18
Pound Sterling Live
After eight hours of talks, factions in UK prime minister Theresa May's team have stitched together a fragile compromise on a plan for Britain's future EU relationship," reports the Financial Times in a morning briefing.
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22:08 | 21/2/18
Pound Sterling Live
The British Pound enjoyed a steady recovery during the course of an appearance by Bank of England members before UK parliamentarians in which expectations for an imminent interest rate hike were confirmed.
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On Tuesday, the US Dollar continued inversely following Wall Street. Indexes such as the S&P 500 and Dow Jones declined for the first time in six trading days, falling more than 0.5% and 1.0% respectfully.
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The dollar lost 10% of its value in 2017, and its decline has continued in 2018 as investors moved their money into the strengthening euro and other currencies.
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23:41 | 24/1/18
Bloomberg
An engraving showing the headquarters of the Bank of England is seen on a British twenty pound banknote, in this arranged photograph in London, U.K., on Thursday, Oct. 13, 2016. The U.K. currency is getting harder to trade, and to predict, because the ...
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23:20 | 23/1/18
Pound Sterling Live
If it does, the Pound-to-Dollar rate can probably be expected to retrace some of its recent gains. Indeed, for Capital Economics, interest rates matter when it comes to GBP/USD. “The Pound's recent strength against the Dollar is not justified by either ...
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