Posts published in June 2016

Pound Starts Week Poorly, Bounces Later

The theme of Great Britain’s referendum about leaving the European Union remained a hot topic during the week. While the week had started negative for the currency, the sterling rebounded by the weekend. The pound had started…

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Pound Remains Firm After Bank of England Meeting

The Great Britain pound remained relatively firm following yesterday’s policy meeting of nation’s central bank. As it was expected, the Bank of England kept its monetary policy unchanged. The BoE maintained…

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Pound Rebounds After Attack on Pro-EU Lawmaker

The Great Britain rose today following the attack on the pro-EU lawmaker that resulted in speculations about possible rise of “Bremain” votes. British Member of Parliament Jo Cox, a vocal supporter of Britain staying…

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Swiss Franc Falls vs. Dollar, Flat vs. Euro

The Swiss franc fell against the US dollar and was little changed versus the euro after the Swiss National Bank left its monetary policy unchanged. The SNB made the same policy decision…

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Yen at Multi-Year Highs as BoJ Stands Pat

The Japanese yen rallied to multi-year highs against its major peers after the Bank of Japan made no changes to its monetary policy. The BoJ made a decision not to expand its already…

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