The Pound steps higher against the Euro ahead the Bank of England meeting

Source: Bloomberg
© Scanpix/AP

The Sterling advanced 0.1% to 79.83 pence per Euro in very early Europe trading session on Thursday. The Pound has reached the peak in five weeks against the European Union currency. Investors are waiting for the Bank of England decision on further monetary policy. Analysts expect that governors will maintain quantitative easing program with targets of 375 billion pounds.

Back to articles

Actual Topics

Thu, 08 Nov 2012 13:56:11 GMT

Hong Kong shares dropped ahead of leadership change

Hong Kong equities sank on Thursday as investors were cautious after 18th Chinese Communist Party Congress started on Thursday, where a leadership change is to take place. Pushing Hong Kong blue chips lower, the European Commission lowered its growth forecast for the eurozone from 1% to 0.1% for 2013. Moreover, worries over the US fiscal cliff also added to losses

Thu, 08 Nov 2012 14:50:23 GMT

European equities higher on better than expected financial results

The Stoxx Europe 600 Index was 0.5% higher to 272.46 points in early Europe trading session on Thursday. European markets gain, as Repsol SA, Swiss Re Ltd and Siemens AG announced financial results, which exceed street estimations. Also, today will be announced the Bank of England and the ECB decisions on the key interest changes.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.