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22/05/2015 - USD Gains on CPI - Weekend Market Wrap Up

Despite, mixed results in the UC CPI, the USD rallied. AUD/USD fell from 0.7886 to close for the week at 0.7825. EUR/USD fell from 1.1175 to close for the week at 1.1010 and GBP/USD fell from 1.5643 to close for the week at 1.5481.

Market Wrap Up

On a Tesco Shop

Today I went to Tesco to do my shopping. At the till I met three lovely ladies, serving customers at the checkout. They all looked in their late fifties to early sixties. 384 more words

47 Bullion

A Brand new (same as the old) day?

It is often said that “the more things change the more they stay the same” and that proved to be exactly right for the UK elections, voters woke up on the morning of the elections to a spirited and apparently neck to neck race, but by the time results started coming in it became quite clear that …

FX Market Report - 22nd May 2015

EU – Markit Economics PMI data reveals contradicting fortunes for biggest EU players 

France’s economic recovery showed signs of picking up the pace this month after PMI figures released for April indicate that manufacturing and consumer inflation is growing at its the fastest pace in almost two years. 934 more words


FX Market Report - 21st May 2015

BoE – Interest rates remain predictably unchanged. 

Minutes released on Wednesday morning showed that the BoE Monetary Policy Committee voted unanimously (9-0) to keep interest rates unchanged and the quantitative-easing program at the pre-agreed level. 660 more words


21/05/2015 - Mixed Markets - Market Wrap Up

EUR/USD rebounded slightly higher to current of 1.1156. UK Retail Sales came out much better than expected at 4.7% compared to consensus of 3.8%. Pound rose from 1.5603to current of 1.5681 while AUD/USD dipped mildly to current of 0.7883.

Market Wrap Up

FX Market Report - 20th May 2015

The main measure of UK inflation turned negative in April for the first time on record, with inflation in the UK falling to -0.1%.

It is the first time the Consumer Price Index (CPI), which measures the generic cost of goods at a consumer level, has turned negative since 1960. 810 more words