06/19/08 - Daily Forex Market News from cmsfx.com
UK Retail Sales Surges, Boosting Pound; Accelerated Consumer Inflation in Canada Bolsters Loonie
Thursday, June 19th, 2008
The Pound rallied against its rivals after May retail sales was extraordinarily high. The Swiss Franc fell following its rather dovish interest rate statement while the Loonie gained as a result of inflation accelerating to 1% in May and 2.2% on the year.
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: 19/06/08 22:21
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06/17/08 - Daily Forex Market News from cmsfx.com
US Data Stunts Interest Rate Hike Speculation, Pound Falls on Weakening Outlook for Economy
Tuesday, June 17th, 2008
The UK showed that inflation was heating up, but markets responded by selling the Pound as the speculation is that higher inflation, and the chance of higher interest rates will weakened economic growth. The EUR/USD see-sawed back and forth after weaker data from each side.
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: 17/06/08 21:40
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07/24/08 - Daily Forex Market News from cmsfx.com
RBNZ Surprises Markets with Rate Cut, Weak Data Emanates from Germany, Euro-zone, and UK Boosting Greenback
Thursday, July 24th, 2008
The Kiwi fell after a surprise rate cut by the New Zealand central bank. A sharp fall in German business confidence and weaker data from Euro-zone manufacturing and services pressured the Euro, while a sharp decline in UK retail sales weakened the Pound.
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: 24/07/08 22:30
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08/04/08 - Daily Forex Market News from cmsfx.com
Markets Prep for FOMC, Dollar Gains on Pound, Loonie, Yen, Holds Steady vs. Euro
Monday, August 4th, 2008
Data showed investor confidence slipping in the Euro-zone, while producer prices hit a record annual rate of 8%. UK construction activity hits an 11 year low while US factory orders surprise on the upside. Pound is main loser, while Dollar gains on Yen and Loonie.
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: 04/08/08 21:05
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December 18th, 2007 Daily Forex Market News from cmsfx.com
Recap: Lower Consumer Inflation in UK Boost Prospects of Further Cuts; ECB Injects $500 Billion.
The Pound fell today as lower than expected inflation gives the Bank of England more room to cut rates. A record infusion of funds by the ECB into the money markets, helped spur a tentative return to carry trade.
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: 18/12/07 22:53
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03/18/08 - Daily Forex Market News from cmsfx.com
FOMC Digs in its Heels, Cutting Rates by "Only" 75 Basis Points
The Federal Reserve moved to cut rates aggressively, bring rates down to 2.25% from 3%. The Dollar gained in a knee jerk reaction as investors believe this move may the Fed is concerned about inflation. The UK and Canada released mixed consumer inflation reports.
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: 18/03/08 22:09
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