Daily Archives: June 18, 2012

Slowing Growth and Likely QE in USA

Posted on June 18, 2012 by

US data on Friday continued to show signs of slowing growth and has somewhat increased expectations of further QE by the Fed. The FOMC meeting on Wednesday will be a key focus; the current ‘Operation Twist’ comes to an end … Continue reading →

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Euro Currency See Short Term Relief From Likely Pro-Bailout Greek Coalition

Posted on June 18, 2012 by

New Democracy became the winner of the election in Greece ahead of Syriza and thus got the 50 bonus mandates for being the biggest party. The likely scenario now is we get a coalition government of New Democracy, Pasok and … Continue reading →

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Bank of England Will Commence Its Emergency Extended Collateral Term Repo Facility (ECTR)

Posted on June 18, 2012 by

GBP/USD rallied, trading through the 1.57 level on Friday. There was an initial GBP/USD selling after comments from King indicated the possibility of more QE. While the anticipation of QE will likely weigh on GBP, evidence suggests implementation of QE … Continue reading →

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