Tag Archives: pound

Markets Continue Post QEX Rally for Second Day – EUR/JPY +280 Pips

Almost 24 hours after the FOMC's latest monetary policy decision, QEX, markets continue their risk on rally. In the forex market, the biggest winner among the majors today was the EUR/JPY. The pair is up 189 pips today, after opening the day at 100.63 its trading at 102.52 at the moment. The EUR/JPY was trading at 99.72 before the Fed's QEX decision, the pair is up 280 pips in less then a day...

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September 14, 2012 @ 5:51 pm

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Markets Continue Post QEX Rally for Second Day – EUR/JPY +280 Pips

Almost 24 hours after the FOMC's latest monetary policy decision, QEX, markets continue their risk on rally. In the forex market, the biggest winner among the majors today was the EUR/JPY. The pair is up 189 pips today, after opening the day at 100.63 its trading at 102.52 at the moment. The EUR/JPY was trading at 99.72 before the Fed's QEX decision, the pair is up 280 pips in less then a day...

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September 14, 2012 @ 5:51 pm

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Pound Continues Underperforming as Data Disappoints

The British Pound continued its relative underperformance today after bad housing and Manufacturing PMI data. The Nationwide Building Society reported that UK house prices fell 0.7%, lot worse then the expected 0.1% drop and outside the range of any of the forecasts. Prices now are 2.6% lower from a year ago, their biggest annual fall since August 2009. Nationwide added that British house prices...

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August 1, 2012 @ 1:39 pm

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Pound Continues Underperforming as Data Disappoints

The British Pound continued its relative underperformance today after bad housing and Manufacturing PMI data. The Nationwide Building Society reported that UK house prices fell 0.7%, lot worse then the expected 0.1% drop and outside the range of any of the forecasts. Prices now are 2.6% lower from a year ago, their biggest annual fall since August 2009. Nationwide added that British house prices...

Continue reading...

August 1, 2012 @ 1:39 pm

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