British Pound / US Dollar 03-19
March 19th, 2010 by
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March 19th, 2010 by
The British Pound extended the previous day’s decline and slipped to a low of 1.5129 during the European trade as the Bank of England continued to see a risk for a double-dip recession.
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British Pound Weighed by Risks for Double-Dip Recession, Euro Extends Decline
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March 19th, 2010 by
The British Pound slid 0.4 percent against the US Dollar late into overnight after the Bank of England’s Andrew Sentence said he sees “some risks of a double dip recession” and warned of “shocks along the way” to economic recovery.
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March 18th, 2010 by
EURUSD – Euro Forecast to Remain Range-bound against Dollar
GBPUSD – British Pound Outlook Bullish
USDJPY – Japanese Yen Forecast to Bounce versus USD
USDCHF – Swiss Franc Expected to Strengthen
USDCAD – Canadian Dollar May Soon Reverse Against US Dollar
GBPJPY – British Pound Forecast Bearish versus Japanese Yen
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March 18th, 2010 by
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Japanese Yen Forecast to Bounce versus USD
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March 18th, 2010 by
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British Pound / US Dollar 03-18
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March 18th, 2010 by
The Euro sunk over 80 pips in overnight trading as fears grew that the bailout package for Greece was unraveling. Speculation is that there is a greater than anticipated rift between Germany and Greece which may necessitate the troubled nation to seek IMF help.
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Euro Sunk As Greece Bailout At Risk, Sterling Troubled By Disappointing Mortgage Approvals
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March 18th, 2010 by
The Euro led major currencies lower against the US Dollar amid circulating rumors that a widening rift between the government in Athens and that of Germany will see Greece turn to the International Monetary Fund for aid over the Easter weekend.
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Euro Leads Major Currencies Lower on Rumors Greece to Seek IMF Aid
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March 17th, 2010 by
The New Zealand dollar continued to benefit from the rise in risk appetite and remains the best performing currency against the greenback on Wednesday, while the Euro pared the overnight advance after rising to a high of 1.3818.
Source:
New Zealand Dollar Continues to Outperform, Euro Lags Behind
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March 17th, 2010 by
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British Pound / US Dollar 03-17
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March 17th, 2010 by
The British Pound extended the advance from the previous day to reach a fresh weekly high of 1.5380 during the European trade, and the GBP/USD may continue to retrace the decline from the previous month as the economic docket reinforces an improved outlook for the U.K.
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British Pound Rallies as U.K. Jobless Claims Slump 32.3K, Euro Maintains Narrow Range
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March 17th, 2010 by
The British Pound may rise if the Bank of England is able to successfully convince the markets that it is truly shifted gears from an outright dovish posture to a wait-and-see approach with the release of minutes from the March meeting of the MPC.
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British Pound Takes Center Stage Ahead of Bank of England Minutes, Jobs Report
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March 16th, 2010 by
The New Zealand dollar extended the advance from earlier this week and is currently the best performing currency against the greenback on Tuesday, while the Australia dollar pared the overnight advance and remains little changed on the day to maintain the narrow range carried over from the previous week.
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New Zealand Dollar Testing 50-Day SMA, Australian Dollar Carving Near-Term Top
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March 16th, 2010 by
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British Pound / US Dollar 03-16
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