- Friday, 26 December 2014
- News
Sterling stable around 1.5550 level
Sterling remains within consolidation range that we have been in in the past few weeks. However, general outlook is more on the bearish side at the moment. GDP growth should slow in the fourth quarter, and there are deflation risks since CPI increased only by 1% in November. However, holiday season will spur sales that should contribute to economic growth. It is quite uncertain when BoE will raise its interest rates. At the moment we cannot expect that this will happen before the third quarter of 2015.
Read more...- Thursday, 25 December 2014
- News
Will British pound manage to rebound?
- Wednesday, 17 December 2014
- Education
Fundamental analysis - Chapter III. - Interest rates
The biggest price movements , lately are caused by central banks and their interest rate decisions as well as following statements, press conferences, bank's officials, etc. What are interest rates is something that can be read in our basic term section. What interest us in this part is how do interest rates affect market? Interest rates dictate flows of investment. Since currencies are the representations of a country’s economy, differences in interest rates affect the relative worth of currencies in relation to one another.
Read more...- Popular
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