Posts published in November 2013

No Surprise from BoE, Monetary Policy Unchanged

The Great Britain pound fell today after the Bank of England kept its benchmark interest rate and the size of asset purchases unchanged. The currency erased its previous advance versus the Japanese yen,…

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Big Surprise: ECB Cuts Interest Rates

Today’s trading session brought a big surprise for Forex traders: the European Central Bank cut its interest rate. As one could expect, the euro slumped after the news. Yet it looks…

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