1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Super Thursday's super Sterling selloff

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

  1. Sandra S.

    Sandra S. Forum Member

    Joined:
    Sep 1, 2015
    Messages:
    4,021
    Likes Received:
    1
    Global Markets Market participants observed a hefty selloff of the GBP across the global currency markets as BoE doves empowered the Sterling bears. This came as a shock, as despite the revamping of robust economic data from the UK, today’s dovish stance from the BoE has renewed concerns about a potential slowdown in economic momentum within the UK economy. The latest quarterly inflation report slashed CPI targets and GDP growth for 2016 has been shaved to 2.5%. This meek outlook that the BoE

    Continue reading...
     

Share This Page