Pound falls against dollar

Pound falls against dollar

The single currency continues to be under pressure against the background of the situation in Greece, where a new government agreement with the European creditors have already provoked protest movement in the country. In addition, the previously announced asset purchase program begin soon by the European Central Bank’s, which is also a strong argument in favor… Read more

USD is still in demand

Free signal alert for GBPUSD 2015/02/20 For obvious reasons, Greece is ready to apply for an extension of financial assistance program from European creditors, and its government insists on the rejection of austerity measures, which are the prerequisite for granting loans. A compromise is still possible and EUR may be supported, but it is doubtful… Read more

CAD declined again

Published last minutes of the last meeting of the Federal Open Market Committee by Fed disappointed dollar bulls. According to the report, the Committee sees risks to the economy of the country in case of too hasty interest rates raising. Economic and geopolitical factors may force the Fed to hold off on tightening monetary policy. Cautious… Read more

FBO Book Club/ Robert Litan : Trillion Dollar Economists

In “Trillion Dollar Economists: How Economists and Their Ideas have Transformed Business”, Robert Litan takes a look at long overlooked role of economists during the last 50 years. Many people actually ask themselves what economists actually do and how does general public can profit from their scientific work. While many economists develop theories about the… Read more

USD goes to the previous highs

On Monday, the pound changed a little against the US dollar in quiet trading as demand for the dollar is maintained by upbeat data on employment in the United States, released on Friday. During European morning trade, GBPUSD pair reached 1.5220, the session low and subsequently consolidated at 1.5235. Dollar exchange rate strengthened after report indicated… Read more

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