Posts published in December 2013

Pound Weaker After BoE Meeting

The Great Britain pound declined today after the Bank of England kept the size of asset purchases unchanged and its main interest rate at the record low level. The BoE decided to keep the benchmark interest…

Read More

Aussie Dips as Trade Gap Exceeds Expectations

The Australian dollar edged down today, following yesterday’s slump, after a report showed that the nation’s trade balance deficit was much bigger than analysts have anticipated. Losses were…

Read More

Falling Services PMI Makes Sterling Weaker

The Great Britain pound was relatively flat against the US dollar and the euro today after yesterday’s drop, but continued to fall against the Japanese yen. The losses were caused by the decline of the services’…

Read More

BREAKING: China warns against Bitcoin

The central bank of China has warned all institutions from handling Bitcoin related transactions. According to a recent post from Bloomberg, China’s central bank will…

Read More