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Hawkish FED fails to deliver the goods

28/07/2016 | OzForex

Last night saw the FED'S conclusion of their 2 day meeting and it was of mixed opinion. They decided to keep rates on hold at 0.5% and this was almost a gurantee this would happen.
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Could this be Sterlings last Hurrah?

27/07/2016 | OzForex

It was a case of treading carefully for the dollar yesterday as the FED started there 2 day meeting to discuss its next policy decision.
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Brexit and FED meeting grabbing the headlines

26/07/2016 | OzForex

With a light calendar yesterday trade was relatively thin and any cable price moves were very limited.
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Post-Brexit fears persist with the release of PMIs 

25/07/2016 | OzForex

Joe Eastwood United States Dollar: Friday’s headlines were dominated by the UK's PMI release. Usually ...
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GBP losses on retail sales erased overnight

22/07/2016 | OzForex

Sterling pushed higher against the US Dollar after poor retail sales figures. The pound plunged yesterday after retail sales figures came in worse than expected. Despite the volume of retail sales increasing 4.3 % compared with June and quantity bought in
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Retail sales could dampen Sterling gains

21/07/2016 | OzForex

UK employment data helps cable recover Tuesdays overnight loses. 9:30am Yesterday saw the UKs key releases for the day and was a clean sweep of positive employment data. Average earnings remained unchanged at 2.3 %, claimant count change rose less than ex
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Greenback gains as rate hike bets improve

20/07/2016 | OzForex

Cable falls as the US posts better than expected housing data. Data yesterday started in the UK with CPI y/y seeing an improvement on the previous figure – 0.5% seen versus the forecast 0.4%. Although a positive release, it doesn’t yet reflect the post Br
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RBA meeting minutes hits the AUD hard

19/07/2016 | OzForex

A quiet 24 hours for cable. There was little in the way of data for this currency pair yesterday, with the only release worth monitoring was MPC member Weale speaking from the Resolution Foundation in London.
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Sterling holds the majority of its recent gains

18/07/2016 | OzForex

United States Dollar: Sterling has maintained the majority of its gains against the US Dollar. The Pound reached a post Brexit high of 1.3480 on Friday as markets reacted to Thursdays news with the Bank of England (BoE) keeping interest rates on hold.
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GBP gains heavily as BoE keep Interest rates on hold

15/07/2016 | OzForex

James Mills United States Dollar: GBP/USD gained heavily through ...
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