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Rational FX: BBA Mortgage Approvals figures expected to beat 2009’s [23/12/2010]
Yesterday’s Market Movers In the UK yesterday we had the Bank of England Minutes which stayed with a three...
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RationalFX: Speculation that UK will raise interest rates to 2.75% by 2012 [22/12/2010]
Yesterday’s Market Movers German consumer confidence came in slightly worse than expected but this had no impact on the...
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RationalFX: Euro Zone current account deficit at -€9.8bn [21/12/2010]
It was a relatively quiet day Monday however we did see some action in the afternoon as investors sold...
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RationalFX: Ireland’s Credit Rating drops from AA2 to BAA1 [20/12/2010]
Due to the Irish banking debt and the economic uncertainty Moody’s lowered Ireland’s rating from AA2 to BAA1 and claimed that if the consolidating measure of the...
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RationalFX: USA sees drop in number of new homes being built [17/12/2010]
Still problems weighing on the Euro Zone, its costing Spain 20% more this month to issue bonds over the...
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Rational FX: ILO Unemployment Rate reaches 7.9% [16/12/2010]
Proposal for the ECB to release E bonds have been played down by Angela Merkel, the German Chancellor. However...
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RationalFX: Retail sales in the US come out better than expected [15/12/2010]
Since the Fed announced QE2 there has been a trend of selling off the dollar, this was initially suspended...
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