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GBP under pressure after poll shows supporters for Scotland’s separation from UK increase

GBP under pressure after poll shows supporters for Scotland’s separation from UK increase.

The British pound declined massively compared to its Monday level, after poll results regarding the forthcoming referendum on Scotland’s separation from the UK showed a large increase in supporters of the split. The British pound slumped in the wake of a poll yielding results of sudden soaring of support for Scotland’s separation from the UK. The More...

by ProfitEase.com | in Forex | Published 5 years ago
The RBA kept interest rates unchanged and commented on the strength of the AUD, which has remained stubbornly high despite declining commodity prices.
By ProfitEase.com in Forex On Tuesday, September 2nd, 2014
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AUD/USD steady as RBA keeps rates unchanged and describes Aussie as overvalued

The Reserve Bank of Australia kept interest rates at 2.5 percent and commented on the strength of the national currency, which has remained stubbornly high despite declining commodity prices. The Reserve Bank of More...

The EUR/USD continued its downtrend, touching a one-year low, after disappointing euro zone economic figures.
By ProfitEase.com in Forex On Monday, September 1st, 2014
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The EUR/USD slid to a one-year low early on Monday

The euro continued its poor performance, touching a one-year low against the US dollar; disappointing euro zone economic figures, combined with the raging Ukraine crisis, promise to keep the euro suppressed. The More...

EUR/USD consolidated following euro zone CPI data but endured losses after the US data releases later on Friday
By ProfitEase.com in Forex On Friday, August 29th, 2014
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EUR/USD consolidated following euro zone CPI data but endured losses after the US data releases later on Friday

The EUR/USD consolidated above 1.3150 following a consumer price inflation report for the euro zone, which matched expectations; the following US PCE and Consumer Confidence data dealt a blow to the euro. The EUR/USD More...

Bitcoin, a several-year-old digital currency, is soaring in popularity, as it offers convenience for users and lower transaction fees for online retailers.
By ProfitEase.com in Forex On Thursday, August 28th, 2014
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An increasing number of customers and retailers have been using bitcoin in their transactions

Bitcoin, a several-year-old digital currency, is soaring in popularity as it offers convenience for users and lower transaction fees for online retailers. Bitcoin is already showing some strength with US online More...

The EUR/USD recovered from almost one-year low as the pair reached a large option barrier at 1.3150; gains are seen as short-term and the upside is limited.
By ProfitEase.com in Forex On Wednesday, August 27th, 2014
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The EUR/USD enters a correction territory as profit taking kicks in

The euro recovered slightly from almost one-year low against the US dollar recorded in early Asian trade as the pair reached a large option barrier at the 1.3150 support; the common currency gains are seen as short-term More...

The euro slides further south on bets the European Central Bank is about to take further steps to support the euro zone economy.
By ProfitEase.com in Forex On Tuesday, August 26th, 2014
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The euro slumped to one-year low on ECB additional liquidity measures expectations

The euro slides further south on bets the European Central Bank is about to take further steps to support the euro zone economy. Last week the ECB Governor, Mario Draghi, stated the central bank was ready to take More...

The dollar index continued its steep ascent on diverging policy paths of the Fed, on one side, and the ECB and BOJ, on the other.
By ProfitEase.com in Forex On Monday, August 25th, 2014
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Dollar firmed further against the euro and the yen on Monday

The dollar index continued its steep ascent on diverging policy paths of the Fed, on one side, and the ECB and BOJ, on the other. The dollar soared against the euro and the yen on Monday, following investors’ More...

Despite the resilience of the German economy, the euro zone picture has not become brighter, which dooms the euro to underperform in the mid-term.
By ProfitEase.com in Forex On Thursday, August 21st, 2014
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German PMI results in an anemic euro bounce, while the Norwegian crown surges on strong GDP

Despite the resilience of the German economy, the euro zone picture has not become brighter, which dooms the euro to underperform in the mid-term. Better than expected German Services and Manufacturing PMI data More...

UK inflation slowdown last month surpassed estimates, leaving room for the Bank of England to keep interest rates at record lows for some more time.
By ProfitEase.com in Forex On Tuesday, August 19th, 2014
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The British pound hammered by UK inflation slowdown exceeding economists’ forecasts

UK inflation slowdown last month surpassed estimates, leaving room for the Bank of England to keep interest rates at record lows for some more time. The slowdown in UK inflation exceeded economists’ forecasts More...

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