Posts published in June 2014

BoE Stays Idle, Sterling Jumps

The Great Britain pound jumped today after the Bank of England refrained from changing its monetary policy, leaving the main interest rate and the asset purchase program the same. The BoE did not…

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Euro Sinks as ECB Expands Stimulus

The euro sank today after the European Central Bank fulfilled its promise and slashed interest rates, taking some of them into the negative territory. The shared 18-nation currency is attempting to regain…

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