U.K. unemployment climbed to the highest level in 15 years, supporting further expansion in the APF, especially after the drop in inflation from three-year high. Jobless rate for the three months ended September rose to 8.3%, exceeding both analysts’ forecasts and the previous readings of 8.1% and 8.2%, raising the Read More UK Unemployment Climbs [...]
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The Great Britain pound rose today, erasing yesterday’s losses versus the US dollar, as third policy maker of the Bank of England joined those who are voting for an increase of the interest rates.(…)Read the rest of Pound Gains as More Policy Makers Vote for Rates Increase (83 words) Posted on Forex News. Read More Pound Gains as More Policy Makers Vote for Rates Increase
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The euro slid today as the European policy makers were divided on today’s meeting in their opinion on how to deal with the Eurozone sovereign-debt crisis.(…)Read the rest of Euro Slips on Disagreement Between EU Policy Makers (72 words) Posted on Forex News. Read More Euro Slips on Disagreement Between EU Policy Makers
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Swiss gross domestic product rose 0.3% in the third quarter as the economy returned to growth ending the current recession. A 2.6% increase in exports, a 1.3% rise in government spending along with an improvements in household spending helped end a yearlong contraction. Read More Improving German and Swiss Fundamentals Create Tough Decisions For Policy [...]
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The British currency went down today versus the euro and the dollar as a statement regarding a policy makers meeting yesterday indicated divergent opinions concerning the asset-purchase program, declining attractiveness for the pound as the centr 6 Vote(s) Read More Pound Down on Policy Makers Disagreement
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