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European Market Update: Hopes For Further Stimulus Measures

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    GBP/USD consolidated from Thursday 300 pip slump after BOE Gov carney hinted of policy easing during the summer which markets viewed as a U-turn on rates. BOE previously noted that next likely move in interest rates was higher Dealers noted that OIS pricing surged to 61% from 34% for easing[​IMG]

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