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Seems like a lot of news from GBP, USD, EUR that will be coming on tues-thurs...
Pretty high volatility week ahead!
Pretty high volatility week ahead!
2 posters
14 - 18 Sept news
Rd- Admin
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Age : 37
niea- Forex Donators
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GBP CPI no already come out:
Monthly CPI increase
Yearly CPI decrrease
Core CPI unchanged
so where will Pound going? up or down or still sideway...
Monthly CPI increase
Yearly CPI decrrease
Core CPI unchanged
so where will Pound going? up or down or still sideway...
Rd- Admin
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Join date : 2009-05-25
Age : 37
Pound seems to have done a super nose dip! 100+ pips downwards on GJ! wow.. too bad i missed it. was jogging 
Bloomberg says:
Bloomberg says:
The Bank of England currently pays financial institutions 0.5 percent to hold reserves at the central bank. While the Bank of England is deliberately boosting their reserves by buying 175 billion pounds ($289 billion) of bonds through so-called quantitative easing, King says he doesn’t want it to go too far.
“As we engage in asset purchases, it automatically raises reserves in the banking system,” he said. “We don’t want reserves to be unnecessarily high, and we have withdrawn other ways to inject reserves.”
The pound dropped after King’s comments, declining 0.8 percent to $1.6485.
Rd- Admin
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Age : 37
Many major news just came out from the US... but it seems only JPY is affected.. the rest seem that they couldn't be bothered? hmm...
Edit: I sense dollar buyback will come very soon.
Edit: I sense dollar buyback will come very soon.
niea- Forex Donators
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Join date : 2009-05-26
Is not yen but pound weakening...
if you see EJ, it hold steady at 133.xx compare to yesterday lowest at 131.xx
whenever King open his mouth, something happend
another guy to watch out is Darling as Alistair Darling
if you see EJ, it hold steady at 133.xx compare to yesterday lowest at 131.xx
whenever King open his mouth, something happend
another guy to watch out is Darling as Alistair Darling
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