BoE keeps Bank Rates steady
Thursday, 9 June 2011 02:25
Monetary Policy Committe at the Bank of England decided to keep Bank Rates the same at 0.50%; as released minutes ago. Everything was as expected as the Bank Rate remained the same, as well as the Stock asset purchase which was not changed from 200 billion.
Read MoreEngland’s Services PMI weaker
Friday, 3 June 2011 12:53
Services Purchasing Managers’ Index in Britain was released not long ago causing Sterling to weaken against some major currencies as news was weaker than expected.
Read MoreSterling rises on Construction PMI release
Thursday, 2 June 2011 11:41
GBP opened today’s session with 1.6334 against USD this morning. The pair has been trading around the same corners all day, awaiting for Britain’s Construction PMI announcment which was released a few minutes ago.
Read MorePending Sales in US dive by 12%
Friday, 27 May 2011 05:35
US Pending House Resales is important is Forex market traders as it’s the leading economic health indicator, as the sales of homes trigger a wide-reaching ripple effect.
EUR/USD continues to trade at 1.4137. GBP/USD at 1.6451 and CHF/USD 0.8562.
Read MoreHousing Prices in U.K better than expected, at 0.3%
Friday, 27 May 2011 10:58
United Kingdom released its Housing Prices figures in May, which surprisingly viewed better results than expected; at 0.3%. 0.2% higher than forecasted.
Read More




