Sterling advances as BoE maintains rate at the same level

Note: This section contains information in English only.
Source: WBP Online
© Scanpix/Reuters
The British Pound climbed slightly versus the U.S. Dollar after the Bank of England announced not changing monetary stimulus course. Additional factor for the gain was encouraging manufacturing data for July. The British Pound rose 0.17% to $1.5233 against the greenback at 11:02 a.m. GMT. The BoE made a decision of keeping key interest level at 0.5% and asset purchases to 375 billion pounds.
Back to articles

Actual Topics

Thu, 01 Aug 2013 14:10:05 GMT

U.S. unemployed insurance claims drop to a five-year low

Claims for unemployment benefits surprisingly decreased to a five-year low in the U.S. The number of Americans filling jobless claims declined by 19,000 to 320,000 in July 27 from 245,000 a week before. Surveyed economists expected 345,000 new claims. The data may indicate that employers are more optimistic about the nation's recovery.

Thu, 01 Aug 2013 12:48:07 GMT

U.K. factory expansion quickens as rebound strengthens

U.K. manufacturing expansion accelerated more than analysts predicted last month, adding to signs Britain's economy is recovering at a faster pace and boosting the case for the Bank of England to maintain stimulus paused. The factory measure increased from 52.9 in June to 54.6 in previous month, the highest level in 28 months.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.