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Day: February 27, 2017
February 272017
Sterling Goes Down as Brexit Concerns Return
The theme of the Brexit returned to the attention of Forex traders, and that made the Great Britain pound fall against its most-traded counterparts during the Monday’s trading session. The major concern that is currently haunting the sterling is the question of Scotland’s independence referendum. Scotland has voted in 2014 for staying in the United Kingdom, but that was because the Scots thought that staying in the UK is the only sure way to remain a part of the European […]
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February 272017
Sterling Goes Down as Brexit Concerns Return
The theme of the Brexit returned to the attention of Forex traders, and that made the Great Britain pound fall against its most-traded counterparts during the Monday’s trading session. The major concern that is currently haunting the sterling is the question of Scotland’s independence referendum. Scotland has voted in 2014 for staying in the United Kingdom, but that was because the Scots thought that staying in the UK is the only sure way to remain a part of the European […]
Read more
February 272017
Positive Economic Data Doesn’t Prevent Fall of Australia Dollar
Monday’s economic data from Australia was very good with a huge jump of corporate profits, but that did not prevent the Australian dollar from falling against its major rivals. Australia’s company gross operating profits climbed by 20.1% (seasonally adjusted) in the December quarter from the previous three months. The increase was far bigger than 8.0% predicted by analysts. The Aussie had been rising before the report […]
Read more
February 272017
Positive Economic Data Doesn’t Prevent Fall of Australia Dollar
Monday’s economic data from Australia was very good with a huge jump of corporate profits, but that did not prevent the Australian dollar from falling against its major rivals. Australia’s company gross operating profits climbed by 20.1% (seasonally adjusted) in the December quarter from the previous three months. The increase was far bigger than 8.0% predicted by analysts. The Aussie had been rising before the report […]
Read more