Tag Archives: EUR/GBP

Will UK GDP/ Economic Growth be the Driver for Sterling (GBP) This Week?

Two things are of particular interest in the UK next week: Q4 GDP numbers and the Bank of England Minutes. UK data has surprised on the upside recently in general and Danske think the economy expanded further in late 2010. … Continue reading

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Euro Currency Pressures Due to Ireland, Portugal and Germany’s E-Bond Disagreement

Fundamental Forecast for Euro is Bearish (overall, to get weaker). The ECB buys 1.965 billion euros in Europe’s bonds – the most in 22 weeks. Ireland passes a 6 billion euro budget cut to meet requirements for an 85 billion … Continue reading

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British Pound GBP Supported by M&A Flows, Market Moving Inflation Report due Wednesday…

Fundamental Forecast for British Pound is Bullish (overall, to get stronger). British Pound Rally To Gather Pace As BoE Maintains Currency Policy The British pound rallied for the second consecutive week against the U.S. dollar on the back of weakness … Continue reading

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