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Author: Edward Kirwan

QE- Will They Expand?

Currencies Direct Reviews – QE 2, November 2009 A milestone week for the markets this week with lots of data to look out for both here and across the pond. For sterling the main focus is undoubtedly centered upon the Bank...

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The Pound Charges Higher …

Currencies Direct Review of The Pound 30, October 2009 The beleaguered pound was in demand yesterday reaching a six week high verses the euro and holding its own against the stronger USD due to a combination of short covering...

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Sterling Up But Why?

Currencies Direct Review – Sterling 29, October 2009 Sterling is rallying this morning in the markets against most of the major currencies except the Japanese Yen. This morning mortgage approvals in the UK hit its highest...

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Euro Fails to Recover Recent Losses

Currencies Direct Reviews the Euro 28, October 2009 Yesterday and overnight we had little movement in the markets comparative to what we have been used to. The euro remains on the back foot and has slipped further against the...

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EUR/USD Fails to Hold 1.50

Currencies Direct Reviews EUR/USD 27, October 2009 The big news in the markets yesterday was the rally of the USD in particular against the euro but in addition against the yen and higher yielding currencies. Is this the start...

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Pound Falls on Weak GDP Data

Currencies Direct Updates 26, October 2009 In the wake of Friday’s horrendous GDP data, there is now growing speculation that the Bank of England will extend their Quantitative Easing programme at the next meeting on...

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UK Still in Recession

Currencies Direct Updates 23, October 2009 It was the big one that the market had been waiting for, the UK GDP. This was touted to show that the UK economy had exited the recession but it was woefully disappointing. UK Q-3 GDP...

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