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Weak Dollar Ends Three Day Sell-off in GBP/USD
Tuesday, 10 April 2007 21:27:41 GMT
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- Friday, 16 October 2009 23:58:24 GMT British Pound Looks to 3Q GDP to Keep the Bullish Momentum
- Wednesday, 14 October 2009 20:52:17 GMT British Pound Mostly Lower as Job Losses Add Up, Average Earnings Fall
- Wednesday, 14 October 2009 02:51:52 GMT UK Unemployment Rate to Hit 22-Year High, Boost Dovish BOE Outlook
- Monday, 12 October 2009 23:21:45 GMT UK House Prices Rose for Second Month in September, Says RICS
- Monday, 12 October 2009 20:06:38 GMT British Pound Down Despite Improvement in UK Trade Deficit, Rise in Producer Prices
- Friday, 09 October 2009 21:34:18 GMT British Pound Forecast Depends on Consumer Price Index Report
- Friday, 09 October 2009 02:52:54 GMT UK Producer Prices to Shrink Again, Hinting at Dovish BOE Ahead
- Thursday, 08 October 2009 23:31:59 GMT British Pound Comforted by Bank of England's Steady Hand
- Thursday, 08 October 2009 02:09:27 GMT British Pound Threatened as Bank of England Plots Policy Shift
- Wednesday, 07 October 2009 21:16:17 GMT British Pound Up Ahead of Bank of England Announcement - Neutral Stance Likely
- Tuesday, 06 October 2009 18:16:28 GMT British Pound US Dollar Exchange Rate Forecast
- Monday, 05 October 2009 19:42:45 GMT British Pound Remains Under Pressure Despite Strong UK Data
- Friday, 02 October 2009 23:34:27 GMT British Pound: UK Data, BOE Decision Present Breakdown Potential
- Wednesday, 30 September 2009 20:09:25 GMT Euro, British Pound Edge Higher in Choppy Day of Trading
- Wednesday, 30 September 2009 00:28:52 GMT British Pound Wins a Long Over-Due Relief Rally
- Saturday, 26 September 2009 01:58:01 GMT British Pound Losing its Risk Appeal as Conditions Deteriorate
- Friday, 25 September 2009 21:53:37 GMT British Pound the Weakest of the Majors as GBPJPY Break Below Key Support
- Friday, 25 September 2009 00:14:11 GMT British Pound Tumbles as the Outlook for a Robust UK Recovery Fades
- Wednesday, 23 September 2009 19:54:24 GMT British Pound Gains as BOE Minutes Reflect Emerging Optimism on UK Economy
- Wednesday, 23 September 2009 02:21:33 GMT Bank of England Minutes - Economic Data Preview
Like the Euro, broad dollar weakness put an end to the three day long sell-off in the GBP/USD. There was no data released overnight, but we have a number of UK event risks tomorrow including BRC retail sales and leading indicators. Consumer spending is expected to rebound in the month of March along with leading indicators. Even though recent economic data has not been compelling enough to prompt the Bank of England to lift interest rates at its most recent meeting, it has been good enough to convince the market to price in 2 more interest rate hikes this year.
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