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Interest rates look more likely as we head towards 2016

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 6, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Wednesday proved another good day for the pound as it we saw a boost in numbers for Services PMI at 54.9 instead of the 54.6 predicted. With other positive PMI releases seen this week as well, there has been an overall growth seen for the UK’s economy – the outlook is now that we will see decent growth leading into 2016. We saw the pound exceed 1.4100 yesterday versus the euro, while against the dollar we saw things sit at around 1.5400. There is a glut of data releases today as we’ll see the

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