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Monthly archive August, 2016

EURGBP – Can Euro Bounce Back Versus British Pound?

Key Points

  • The Euro came crashing against the British Pound recently and traded as low as 0.8350.
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GBP Post-BoE: More Losses Vs AUD, NZD – ANZ

The BoE announced a broad package of easing measures aimed at supporting growth and the anticipated transition in the economy following the decision to leave the EU. The BoE also shifted the horizon of its inflation target from 18-24 months Read More →

GBP in tight range ahead of expected BoE action

The US Dollar showed some signs of consolidation in these past two days after a week of declines. We are moving closer into the Nonfarm payrolls next Friday. Some weaker than expected data and the Fed’s sensitivity to such data Read More →