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Forex: GBP/USD eases further on Bernanke comments

FXstreet.com (Barcelona) - The sterling is extending its correction lower on increasing buying interest in the greenback after the FOMC statement.
Among other issues, Chief B.Bernanke signalled that Cyprus’s situation however difficult would pose no threat to the US economy, and he emphasized the recent improvement of the labour market.

Recall that the BoE minutes showed a voting pattern of 6-3 in favour of keeping the asset purchase programme at £375 billion, with Governor M.King and MPC D.Miles once again voting to expand the programme by £25 billion to £400 billion.

At the moment the cross is up 0.17% at 1.5118 with the next resistance at 1.5177 (high Mar.15) ahead of 1.5186 (high Mar.20) and then 1.5200 (high Mar.5).
On the flip side, a breach of 1.5026 (low Mar.20) would open the door to 1.5022 (MA10d) and finally 1.4965 (low Mar.17).

The Fed lowers unemployment forecast but also cuts GDP growth projections

The Federal reserve has decided to leave unchanged its interest rate at the 0.0/0.25% range and to maintain $85Bn monthly a bond buying program, according to a press release published in the FOMC. The Fed also has released its economic projections for 2013, 2014 and 2015. The fed has
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Forex Flash: Cyprus quagmire lingers on – Deutsche Bank

In many ways the recent Cypriot drama and rejection has led everyone back to square one as the fact that the revised version of the bank levy suggests that the "reprofiling" of the levy, which was open to negotiations with the troika, was not the main issue.
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