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US interest rate decision finally upon us

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 16, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    There was some good news for the UK’s CPI index yesterday as we saw November’s numbers move back into positive territory from the lows of September/October. Last month’s reading came in at 0.1%, and what we are now seeing is a needed increase in wage growth of between 2.5% and 3%. However, what the BoE wants to see is inflation at 2%. What wasn’t so good for the pound was a loss of 0.6 against the dollar, and we also saw the Bank of England Governor make mention of his desire to clamp down on

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