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Back to homepagePound Turns Weak after FY17 GDP Growth View Slashed by BoE 0
The UK Pounds was able to forge greater heights against other G10 currencies after the positive sentiment created due to snap elections announcement. On the other hand, Australian Dollar remained weak because of weak employment data and retail sales. The
Read MoreNew Zealand Turns Bullish after Rising Dairy Prices and Low Unemployment 0
In April’s last week, a higher than expected flash manufacturing PMI reading and substantial current account surplus has pushed the Eurodollar to a more top position against US Dollars and other major currencies across the world. The rally was powerful
Read MoreUK FTSE 100 Drops after a Strong GBP and Poor Barclay Results 0
FTSE 100 which is the premier index of Britain saw its most significant decline in months past week because of the poorer than expected results from Barclays and not so encouraging economic consequences. FTSE 100 dipped low by 0.5% to
Read MorePound Gets Stronger after 3 Year High Inflation Mark 0
Pound to consolidate against the Swiss Franc at 1.2480 levels after the better than anticipated services PMI reading for March. Historically, in April, Pounds used to rally against its opponents. It was also an essential factor for the rise of
Read MoreDeutsche Bank Slapped with $156.6 Million Fine for FX Trading Violation 0
Deutsche Bank AG has been slapped with a fine of $156.6 million by the US Federal Reserve for violating the foreign exchange regulations as a part of the settlement agreement. A fine of $136.9 million has been levied against the
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