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ECB’s half point cut too little too late

posted by aranel 11 days ago in GBP, CHF, Special made popular 11 days ago

The Swiss National Bank matched the move at any pass meeting this week, cutting rates to 2pc. It warned that the Swiss economy may contract nearest year because the dramatic rise in franc plays slaughter with exports. Denmark and the Czech Republ  read more

19

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Pick of the Day: USD/JPY

posted by odell 17 days ago in USD, JPY, Technical made popular 17 days ago

After a bit of correction, it looks like USD/JPY is giving a possible short opportunity right out of the gates. Let's take a look shall we....  read more

18

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Grim economic data throws spotlight on crisis summit

posted by emmypiu 9 days ago in JPY, GBP, GDP made popular 9 days ago

Weak economic readings from China, Japan and Britain and a grim corporate outlook worldwide reinforced fears on Tuesday of a prolonged recession, prompting investors to look to a world leaders' summit for solutions.  read more

17

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More Frequent Currency Changes as CA Steps Up Counterfeit

posted by keiragabe 9 days ago in CAD, Fundamental made popular 9 days ago

Canadians can expect to see new currency in circulation far more frequently in the future as the Bank of Canada continues to battle the age-old problem of counterfeiting, says BOC deputy governor Pierre Duguay.  read more

17

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Business urges Bank to make big rate cut

posted by hanayoridango 17 days ago in GBP, Inflation made popular 17 days ago

Unions and business organisations have urged the Bank of England to slash interest rates by "at least" 1 percentage point this week to avoid a deep and painful recession.  read more

16

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Don’t panic – make sensible changes

posted by grink 17 days ago in GBP, Fundamental made popular 17 days ago

When the economy shows signs of slowing down, it is inevitable that share prices will take a hit.  read more

15

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UK 'heading for recession'

posted by princesa 9 days ago in GBP, Fundamental, Inflation made popular 9 days ago

According to the Guardian, this has been brought on by the continuing downturn in the economy over recent months.  read more

15

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Housing sector defies expectations

posted by twilight 9 days ago in CAD, Housing made popular 9 days ago

Construction on new homes remained above 200,000 starts in October, Canada Mortgage Housing Corp. said Monday, defying expectations among most industry watchers calling for a protracted slowdown.  read more