Showing articles for October 2014

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Quiet start to the week, USD the focus

28 October 2014
Matthew Boyle
It has certainly been a quiet start to the week with yesterday offering very little data of any major note, and as such very little currency market movement...

Cracks beginning to show - Uncertain times for GBP

24 October 2014
Matthew Boyle
It has been a week of ups and downs for the majors but most particularly for GBP. Monday and Tuesday were relatively quiet days with little data of note released. As we moved to Wednesday we saw the first major release with the Bank of England minutes. It has been widely reported that in recent weeks that Mark Carney has done somewhat of a U-turn on the notion of an interest rate rise from 0.5% to 0.75% as we are not hitting inflation targets of 2%.

Markets Losing Direction

23 October 2014
Simon Eastman
Wednesday was a mixed day for data but also a confusing day for sentiment in the currency markets...
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