Posts published in October 2013

Sterling Settles Near Opening Level After Rally

The Great Britain pound was rising today on signs of economic recovery, but retreated to settle near the opening level as Spencer Dale, Executive Director and chief economist of the Bank of England, signaled that…

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Delayed Taper Weighs on US Dollar

News that the Federal Reserve will likely delay its plans to taper its asset purchase program is sending the US dollar lower today. The recent budget battle in the United States…

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