Posts published in September 2016

Yen Goes Down, Economic Data Doesn’t Support

The Japanese yen weakened a bit today even though economic data released from Japan was relatively good and should have supported the currency. The seasonally adjusted Consumer Confidence Index was…

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Pound Little Changed After UK Construction PMI Improves

Today, yet another macroeconomic indicator added to evidences of an improving economy in the United Kingdom. Unlike yesterday though, the Great Britain pound demonstrated anemic reaction to positive news. The seasonally adjusted Markit/CIPS…

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