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Sterling weakness – where do we go from here?? (more…)

Interest rate decisions!!!!!

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The BOE has just left interest rates on hold as expected although Sterling has lost groiund against the Euro following announcements that the economy is fragile….

Lets see what the ECB decision brings, expected is a 0.25% cut and some sort of extra measures to be announced to battle the economic problems… I think they may surprise us and the GBP – EUR rate will be above 1.14 before the end of trading today……….

U.K GDP DATA

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This morning sees the release of U.K GDP data and I personally believe that Sterling will once again have a day to forget on the markets….

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Alistair Darling – The Budget…

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As per usual Alistair Darling has decided to open his mouth and hey ho the bottom falls out of the Pound! (more…)

Dollar Slides After US Fed Plan

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The news that moved markets today, continuing from Wednesday evening, was that the US Federal Reserve is implementing its own quantitative easing proposal. (more…)