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01Dec
 
The U.S. dollar index, which measures the greenbacks strength against a trade-weighted basket of six major currencies, was little changed at 92.97 by 05:15 a.m. ET (09:15 GMT). EUR/USD held steady at 1.1901, while GBP/USD slid 0.35% to trade at 1.3482, off a two-month high of 1.3550 hit overnight as traders...
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15Oct
 
Bitcoin is the blaster of the performers Cryptocurrency start-ups are realizing that while the profit remains as high as it does at the moment, there is a cushion which provides them with the flexibility to move their operations and remain profitable. Globally, there are plenty of countries which would be more than...
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21Jul
 
UK retail sales - Sterling remains lower, shrugs off upbeat The pound remained weaker against the slightly stronger U.S. dollar on Thursday despite data showing that UK retail sales grew at a faster than expected pace in June. GBP/USD was at 1.2969 by 05.24 a.m. ET (09.24 a.m. GMT), not far the...
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14Jun
 
The pound rose Thursday after hawkish remarks by Bank of England policy member Ian McCafferty. Sterling was up 0.37% at $1.2931 at 05:45 ET after a high for the session of $1.2952. McCafferty in remarks to The Times said the BoE should consider unwinding its 435 billion quantitative easing program....
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08Jun
 
The dollar pushed higher against other major currencies on Thursday, despite the release of disappointing U.S. jobless claims data as investors were awaiting the results of the U.K. election and more U.S. political developments. EUR/USD slipped 0.18% to 1.1235 after the European Central Bank left its interest rates unchanged in a...
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29May
 
BOC surprisingly optimistic in rate decision My buddy Forex Gump hinted that the BOC statement could go either way as the latest batch of reports were a mix of good and not-so-good, but trust the Canadians to see the glass half-full! As expected, the Bank of Canada kept interest rates on hold...
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30Jan
 

The dollar dipped as investors sought the traditional security of the yen on Monday, worried by the implications of immigration curbs that put the spotlight back on the risks of President Donald Trumps protectionist bent. * Yen moves higher after row over U.S. immigration order * Moves put focus back on risks...
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21Dec
 
The euro is a currency used by many of the member states of the European Union, or EU. Not all EU member countries use the euro as their basis of trade, and notably, the United Kingdom, or UK, has elected to keep its own currency, Sterling, and does not use...
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08Nov
 
Despite positive economic reports, the pound has been sliding across the board lately, thanks to renewed Brexit jitters. And if you somehow missed the recent major Brexit-related events, or maybe you just want a rundown, then todays write-up is just what you need. Ivan Rogers Quits Sir Ivan Rogers, the U.K.s ambassador...
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