Pound falls toward five-week low ahead of BOE policy decision

Source: Bloomberg
© Scanpix\AP
The Sterling depreciated versus the U.S. Dollar, heading towards the weakest level since May, ahead of the Bank of England Governor Mark Carney's first decision as the leader of the central bank's Monetary Policy Committee. The U.K. currency dropped 0.3% to $1.5244 and was at 85.23 pence versus the Euro.
Back to articles

Actual Topics

Thu, 04 Jul 2013 08:21:05 GMT

Eurozone's currency drops to almost one month low

The 17-nation currency was 0.6% from its lowest level in more than four weeks ahead of the ECB's meeting today, when Mario Draghi recently said that they will continue with monetary policy. The Euro fell 0.1% to $1.30 at 6:32 a.m. London time, while it dropped 0.1% to 129.84 Japanese Yen after slipping 0.5% on Wednesday.

Thu, 04 Jul 2013 08:10:05 GMT

Aussie rebounds as investors speculate the drop was excessive

The Australian Dollar rose after reaching the lowest point since September 2010 as investors speculated that the currency dropped to fast. The Aussie increased 0.2% to 91.10 U.S. cents after it reached 90.37, the lowest level in almost 3 years. The currency was almost unchanged against the Yen and traded at 90.79. The yields on Australia's 10-year government bonds rose

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.