Posts published in March 2011

Pound Erases Yesterday’s Gains

The Great Britain pound declined today after it jumped yesterday as unexpected rise of the house prices and the record manufacturing PMI lead to the speculation the central bank will increase the interest rates. The Nationwide…

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Inflation Pressure Makes Euro Stronger

The euro advanced on the speculation that the accelerating inflation will make the European Central Bank to raise the interest rates before the Federal Reserve. The Eurozone annual inflation rose to 2.3 percent in January from…

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