Pound Sterling (GBP)

With Greece stepping out of the picture, we can safely (but still with caution) turn our attention to China, which has reported a 7% growth in its GBP for Q2, exceeding the already positive forecast of 6.9%. The industrial sector output…
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The revised second estimate of the US GDP for the first quarter of 2015, saw the world's largest economy contract -0.7%, below expectations of -0.8% while the GDP price index remained unchanged at -0.1%. The contraction in the US economy…
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The European trading session is relatively quiet with no major events on tap. This leads the markets to focus on the FOMC meeting minutes due later this evening. After yesterday's volatility, driven by the ECB official's comments on QE…
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The British Pound saw a volatile trading day as two major economic events were on the tap. Enjoying its strong rally, the Pound Sterling was already trading at yearly highs ahead of the April jobs report. Data released by the ONS showed…
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The British Pound continued its bullish momentum after data released by the Office for National Statistics (ONS) showed that manufacturing production for the month of April saw activity increase 0.4%, above estimates of 0.3%. There was more…
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. Surrounded by the PBOC and the RBA, the New Zeeland’s Central Bank may have no choice but to keep up with neighbors' monetary policy decisions.
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Key Notes: Australia MI leading index m/m -0.3% vs. 0.1% previously Australia CPI q/q 0.2% vs. 0.1%; CPI y/y 1.3% vs. 1.7% previously; trimmed mean CPI q/q 0.6% as expected BoE Meeting minutes Italy retail sales -0.2% vs. 0.1%…
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The Forex daily summary for 16 April features Australia Employment change, Switzerland PPI, building permits, Housing starts and more
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