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Forex Analysis

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Forex Analysis Headlines

Bank Of England Maintains Rate, QE

The Bank of England decided to maintain its interest rate and quantitative easing amid heightened uncertainty ahead of Brexit. The Monetary Policy Committee, led by Governor Mark Carney, unanimously decided to hold the bank rate at 0.75 percent. All nine ...

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Pound Mixed After BoE Decision

The Bank of England retained the interest rate at 0.75 percent and quantitative easing at GBP 435 billion, as expected. The pound traded mixed against its major opponents after the decision. While the pound changed little against the franc and ...

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South Africa Wholesale Sales Climb In July

South Africa’s wholesale sales recovered in July after falling in the previous two months, data from Statistics South Africa showed on Thursday. Wholesale trade sales at constant prices rose 6.7 percent in July, reversing a 6.4 percent decline in June. ...

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Poland Industrial Production Falls; Producer Prices Rise Faster

Poland’s industrial production declined unexpectedly in August, while producer price inflation accelerated, figures from the Statistics Poland showed on Thursday. Industrial production fell 1.3 percent year-on-year in August. Economists had expected a growth of 0.8 percent. Manufacturing output also decreased ...

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Eurozone Current Account Surplus Increases In July

Eurozone’s current account surplus increased in July, figures from the European Central Bank showed on Thursday. The current account surplus rose to EUR 21 billion in July from EUR 18 billion in June. In the same month last year, the ...

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