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Currency news

Pound falls on weak GDP data

  Pound falls on weak GDP data   In the wake of Friday’s horrendous GDP data, there is now growing speculation that the Bank of England will

UK still in recession

It was the big one that the market had been waiting for- UK GDP.

UK still in recession

 It was the big one that the market had been waiting for- UK GDP. This was touted to show that the UK economy had exited the recession&

Uk retail sales disappoints

Yesterday the spotlight was firmly on the Bank of England minutes in the morning and onto the Fed beige book in the afternoon.

UK Retail Sales disappoints

  UK Retail Sales disappoints Yesterday the spotlight was firmly on the Bank of England minutes in the morning and onto the Fed beige book in the

Bank of England minutes boost sterling

Last night Mervyn King made a speech in Edinburgh and did not mention an expansion of Quantitative Easing; this morning the released minutes from the

Bank of England minutes boost Sterling

This morning the released minutes from the MPC showed a vote of 9-0 to keep rates at 0.5% and QE at £175 billion.

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