August 2012

Is There Life For The GBP After The IMF

Forex News: Strong UK Economic News Boosts GBP/USD Currency Pair

Strong UK forex news releases have boosted the GBP/USD currency pair, causing it to appreciate by 0.18% higher than its opening level. The GBP/USD reached 1.5672 during the US morning trading session before easing 0.05% to reach its consolidation level of 1.5674. Meanwhile, the EUR/GBP fell slightly by 0.04% to reach 0.7860 during intra-day trading.

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Candy Crowley is the First Female Moderator of Presidential Debate in 2 Decades

With the United States advancing in technology, the economy, and in foreign exchange, many critics find it weird not having a female Presidential Debate moderator in the past 20 years. With the final decision of having Candy Crowley play that role, many people say that it’s a little too late. Candy Crowley’s supporters say that

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Forex News: Japanese Yen Eases Slightly On Expectations of New Easing Measures

Forex news on the possibility of fresh easing measures by the Japanese government weighed down the Japanese yen even as the US dollar was boosted by positive economic developments. The USD/JPY currency pair reached 78.86 during the European afternoon trading session, which was the highest level it had reached since July 18, before finally consolidating

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Forex News: Euro Zone Contraction Weakens Euro Against the Dollar

Breaking forex news that the Euro Zone fell back into economic contraction caused the euro to weaken against the US dollar during late morning Tuesday (August 14) currency trading. However, the losses were limited by sentiment among market participants that global central banks would act to stimulate economic growth. The EUR/USD grew 0.24% to 1.2361

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