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Day: April 22, 2015
April 222015
Pound Leaps After BoE Releases Policy Minutes
The Great Britain pound was exceptionally strong on Wednesday after the release of the Bank of England policy minutes. The report was considered to be more hawkish than markets were counting on, leading to a surge of the sterling against other currencies. Policy makers did not make any changes during their latest meeting, yet the minutes of the gathering looked relatively optimistic. Not everything was positive, though, as the report mentioned that […]
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April 222015
EUR/USD Gives Away Gains After US Housing Report
EUR/USD was moving higher initially today but reversed its movement as of 9:45 GMT and continued to go lower after the positive report about existing home sales in the United States. As of now, the currency pair stuck near the opening level, trading sideways. Existing home sales rose to the seasonally adjusted annual rate of 5.19 million in March from 4.89 million in February, above the projected value of 5.04 million. It was […]
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