With the Euro reaching 4 month highs against the pound yesterday as UK data disappoints, all eyes are on this pair today. The big event of the day does however come in the form of the US FOMC and Ben Bernanke. All the coverage of how sterling navigates its way through the day is right here!
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July 11,2013
Retail Sales Data Gives GBP A Positive Start To The Day
July 9,2013
We have some big economic events coming out of the UK today which will give the British pound sterling (Currency:GBP) something to latch onto after a data free Monday. Of importance are the manufacturing numbers at 9:30 and the GDP estimate out at 15:00.
July 9,2013
On Monday morning we see sterling has been unable to recover the losses recorded on the last two days of last week. In the absence of any major UK data releases we digest the latest forecasts and views on sterling following Mark Carney's emphatic start to his tenure at the Bank of England.
July 9,2013
After a busy day yesterday for Europe and the UK which saw both the pound and the euro make big moves across the board, traders eyes now turn to North America where the US will be releasing the all-important Non-Farm Payrolls as well as their unemployment data whilst Canada also release their unemployment rate data and the purchasing managers index.
Highlights
@ 13.30 US Non-Farm Payrolls 30k Higher Than Expected - GBPUSD plummets
11.10 GBP Continues To Move Down Ahead Of US Data Reaching 3 Month Lows
11.00 Germany Factory Orders Show Decline of 1.3%, Down Significantly On Market Expectation Of A 1.2% Gain
July 5,2013
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