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Tag archive for ‘British pound’
The most important factors affecting the GBP exchange rate are: Bank of England; interest rates; gilts; 3-month Eurosterling deposits and economic data.
By ProfitEase.com On Monday, September 22nd, 2014
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Factors impacting major currencies explained: Part 3, the British pound

Bank of England The Bank of England (BoE) is operationally independent with respect to establishing monetary policy, with the aim of attaining price stability together with supporting the government goals regarding More...

GBP under pressure after poll shows supporters for Scotland’s separation from UK increase.
By ProfitEase.com On Wednesday, September 3rd, 2014
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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 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 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...

Bank of England’s Governor, Mark Carney, fueled bets on GBP strength by stating that the British economy is “much more than halfway” to full recovery.
By ProfitEase.com On Monday, August 18th, 2014
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The British pound ticks up on renewed speculations on a rate hike

Bank of England’s Governor, Mark Carney, fueled bets on GBP strength by stating that the British economy is “much more than halfway” to full recovery. The pound commenced this week with a slight bounce against More...

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