Archive: November2014

Dollar strengthens and commodities continue their slide

30 Nov 2014
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United States Dollar: The pound slipped gently lower on Friday. The dollar was stronger, although most of the US market was still out for Thanksgiving. GBP/USD started the day above 1.57 on Friday and fell to a low of 1.5590 in Asia (overnight). I…

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GfK Shows Consumer Morale Remains Unchanged

28 Nov 2014
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The GfK report released earlier today revealed that consumer confidence in the UK remained subdued for November. Separately, another survey showed that the annual pace of house price growth eased for November. This has brought some relief to BoE offici…

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Dollar strengthens across the board over Thanksgiving

27 Nov 2014
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United States Dollar: The dollar recovered yesterday as investors decided to lock in some profits after the run of weak US data on Wednesday. There wasn’t any data yesterday from America as it was a public holiday. There wasn’t much by …

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Dollar strengthens across the board over Thanksgiving

27 Nov 2014
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United States Dollar: The dollar recovered yesterday as investors decided to lock in some profits after the run of weak US data on Wednesday. There wasn’t any data yesterday from America as it was a public holiday. There wasn’t much by …

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German Macro Data in Spotlight

27 Nov 2014
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With a light economic calendar in the UK today, Sterling investors are likely to keep an eye on tomorrow’s GfK consumer confidence report in Britain which is anticipated to show an improvement for November. Across the Atlantic, yesterday’s …

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Is Exchange Rate volatility keeping you awake at night?

26 Nov 2014
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Is Exchange Rate volatility keeping you awake at night? Michael Judge, OzForex Corporate Dealer Are you or your clients making or receiving international payments over the coming months? With currency markets extremely volatile heading into year end, now could be the perfect time to take steps to protect against future market fluctuations. Get exchange rate […]

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Dollar weakens following run of poor top tier data

26 Nov 2014
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United States Dollar: Second Estimate UK GDP data printed in line with market expectations on Wednesday at 0.7%, still down on the previous quarter’s reading of 0.9%. GBP/USD fell to a low of 1.5684 on the news, but as the day went on the doll…

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Dollar weakens following run of poor top tier data

26 Nov 2014
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United States Dollar: Second Estimate UK GDP data printed in line with market expectations on Wednesday at 0.7%, still down on the previous quarter’s reading of 0.9%. GBP/USD fell to a low of 1.5684 on the news, but as the day went on the doll…

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UK GDP Reading Unchanged

26 Nov 2014
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The second estimate of the UK GDP data showed that economic growth in the nation was unchanged for the third quarter despite business investments and exports remaining under pressure. Meanwhile, the BoE Governor resorted to a dovish stance yesterday in…

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UK GDP Reading Unchanged

26 Nov 2014
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The second estimate of the UK GDP data showed that economic growth in the nation was unchanged for the third quarter despite business investments and exports remaining under pressure. Meanwhile, the BoE Governor resorted to a dovish stance yesterday in…

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