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Mortgage market does not need more rate cuts

posted by Avatar chezka 1206 days ago in Inflation, Housing

The UK mortgage market does not need lower interest rates, but more funds, leading experts have stated following the Bank of England's base rate cut. read more
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Japan's inflation may have ended in January

posted by Avatar chezka 1207 days ago in JPY, Inflation

Japan's key inflation rate may have turned negative in January amid the global economic downturn while the Japanese economy is possibly facing a ''hard landing,'' Bank of Japan Policy Board member Atsushi Mizuno said Thursday. read more
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Relationship between US, Aussie dollar and gold

posted by Avatar chezka 1208 days ago in USD, AUD, Gold made popular 1208 days ago

First, on the commodities markets, gold is traded in U.S. dollars (USD). With a constant gold price in USD, a rise of the Australian Dollar (AUD) against the US Dollar (AUD/USD) makes gold cheaper for Aussie investors. read more
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Sterling tumbles; Barclays downgrade, weak data weigh

posted by Avatar chezka 1209 days ago in USD, GBP, Inflation made popular 1209 days ago

Sterling tumbled by 3 percent against the dollar and the euro on Monday, hit by a Moody's downgrade on Barclays, weak UK data and the prospect of another Bank of England interest rate cut this week. read more
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Gold is marching towards $1000

posted by Avatar chezka 1212 days ago in EUR, Gold

Gold buying accelerated as Europe opened for trading in the overnight hours here in the States with the currency crisis the main factor propelling European based gold prices sharply higher. read more
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Gold price surges to historic high

posted by Avatar chezka 1212 days ago in Gold

Gold prices were quoted historic high on Friday as traders and stokiests started rake in the yellow metal in order to treat forth coming wedding season. Consumers cashed in by selling scrap gold on prevailing higher rates. read more