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Latest brexit polls show neck & neck

  • Posted by Shyam Gokani in Uncategorised
  • May 4, 2016
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Sterling slipped again this morning, having recorded its biggest one-day fall against the dollar for six weeks in the previous session after a poll showed the campaign for Britain to leave the European Union neck-and-neck with the campaign to stay in. The poll helped drive down the pound by about 1 percent versus the greenback, […]

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UK Manufacturing PMI falls – 3rd May 2016

  • Posted by Shyam Gokani in Uncategorised
  • May 3, 2016
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Sterling retreated from four-month highs against the dollar early this morning after data showing that U.K. manufacturing activity contracted for the first time in over three years in April, adding to gloom over the outlook for second quarter growth. GBP/USD was last at 1.4712, still up 0.26% for the day after rising as high as […]

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Euro GDP stronger than expected

  • Posted by Shyam Gokani in Uncategorised
  • April 29, 2016
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Sterling continues to climb versus the dollar, returning towards 12-week highs against a U.S. currency pegged back by expectations that the Federal Reserve is unlikely to raise interest rates any time soon. Gains in the pound were capped, though, after a YouGov poll for the Times showed opponents of Britain’s European Union membership edging into […]

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Pound drops off due to latest polls

  • Posted by Shyam Gokani in Uncategorised
  • April 28, 2016
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Sterling rose against a weaker dollar on Thursday, advancing towards 12-week highs against a U.S. currency pegged back by expectations that the Federal Reserve is unlikely to raise interest rates any time soon. Still, gains in the pound are likely to be capped after a fresh YouGov poll for the Times showed that those campaigning […]

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UK GDP better than expected

  • Posted by Shyam Gokani in Uncategorised
  • April 27, 2016
  • No Comments

Sterling traded near a 12-week high against the dollar this morning as expectations grew that Britain would vote to remain in the European Union. A preliminary report on first-quarter economic growth releasedthis morning  also moved the pound. A poll predicted the report would show the economy grew 0.4 percent in the first quarter and 2 […]

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