Pound depreciates on UK rate outlook

Note: This section contains information in English only.
Source: Bloomberg
The Sterling weakened for the first in five days against the Euro, since inflation in UK dropped to less than 1% previous month for the first since 2002. The UK currency depreciated 0.2% to 78.18 pence versus the Euro at 9:50 a.m. in London after reaching 0.6% in previous four days. Moreover, the Pound fell 0.5% to $1.5092, after touching $1.5035 on January 8.
Back to articles

Actual Topics

Wed, 14 Jan 2015 14:14:04 GMT

Reasons why the Euro hit a new low

The Euro declined to a nine-year low versus the US Dollar amid investor fears of ECB implementing an aggressive incentive plan in order to boost the Euro zone's economy. It was stated by an ECB member that due to a risk of deflation policymakers should act fast. As a result, the price of the Euro slid to $1.1754, the new

Tue, 13 Jan 2015 14:43:05 GMT

Euro touches 9-year low amid stimulus outlook

The Euro approached toward the lowest level in nine years against the Dollar amid speculations ECB will start government-bond purchase program. The Euro fell 0.3% to $1.1799 as of 10:25 a.m. London time after touching $1.1754 on January 8, the lowest since 2005. However, the shared currency almost unchanged at 139.89 versus the Yen.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.