Pound advances against the Dollar with limited gains

Note: This section contains information in English only.
Source: Investing.com
On Monday the UK Pound gained versus the US Dollar, but with limited gains due to investors who are locking-in profits. GBP/USD hit a high of 1.5234, afterwards settling at 1.5177, having gained 0.18% in total. The Sterling experienced hard pressure last week amid UK consumer inflation rate weakening to 0.5%, while the Greenback received a support after the SNB removed its three-year old exchange rate cap on the Euro. As a result, the Pound also weakened versus the Euro, with EUR/GBP adding 0.35% to 0.7661.
Back to articles

Actual Topics

Mon, 19 Jan 2015 14:39:04 GMT

European stocks almost unchanged on ECB stimulus expectations

European stocks stayed almost the same, paring early gains, on investor expectations of ECB's announcement about QE this week. The Stoxx Europe 600 Index gained 0.1% to 352.52 as of 9:42 a.m. London time, after an earlier advance of 0.5%, while Switzerland's SMI Index added 3.2% today after its biggest weekly decline since 2008 following the SNB's actions. 

Mon, 19 Jan 2015 10:35:04 GMT

Copper prices fluctuate before China's key economic data

On Monday prices for copper fluctuated ahead of China's key economic data being released. Copper futures for March lost 0.3 cents and traded at $2.614 per pound, with fluctuations held between $2.593 and $2.636, compared to a low of $2,423 last week, a level unseen since 2009.  China, the largest copper consumer, accounts for nearly 40% of copper consumption in

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.