As reported by «Market Leader» (US)
GBPUSD: British Pound Strengthens as BoE Abstains From QE
During the latest MPC meeting, the Bank of England’s committee decided to abstain from easing the money-and-credit policy in the short run.
GBPUSD: Inflation Growth Provokes British Pound Strengthening
As it was informed by "Market Leader (US)"
GBPUSD: Inflation Growth Provokes British Pound Strengthening
The inflation processes in the British economy escalated in March. The CPI grew by 3.5% against February’s 3.4%. The Core CPI gained 2.5% against February’s 2.4%.
USDCNY: Chinese Yuan Gets More Flexible
As it was informed by "Market Leader (US)"
USDCNY: Chinese Yuan Gets More Flexible
Christine Lagarde, Managing Director of the IMF, welcomes China’s decision on its national currency, calling it an important step.
Gold And Silver: Daily Market Outlook. April 12th 2012
As reported by «Market Leader» (US)
Gold And Silver: Daily Market Outlook. April 12th 2012.
Yesterday the ECB hinted at the possibility of extending its bond purchase program in order to calm down investors. Today Italy is to hold another bond auction to the amount of 5B euro. Investors will be monitoring the yield.
EURUSD: Germany Is Ready To Support Greece
As reported by «Market Leader» (US)
EURUSD: Germany Is Ready To Support Greece
Germany seems to be willing to support Greece in its effort to preserve the eurozone membership. Angela Merkel said during one of her recent speeches that Greece was diligently implementing reforms and got an opportunity to overcome the crisis. However, she said, it is necessary to take some extra austerity steps.
EURUSD: ECB Leaves Key Interest Rate Unchanged
As reported by «Market Leader» (US)
EURUSD: ECB Leaves Key Interest Rate Unchanged
The ECB has left the key interest rate unchanged at 1%. The central bank cut the interest rate several times in November and December 2011.
UBS: GBPUSD Outlook
As it was informed by "Market Leader (US)"
UBS: GBPUSD Outlook
The UK Service PMI report for March showed an increase up to 55.3, thus exceeding the forecast (53.4).
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