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  • 3 Reasons Why Rates Will Rise In Brazil

    July 20, 2011 - no Comments

    30Banco Central do Brasil will meet on July 20th to decide the fate of the country’s interest rates once again.  Although the country’s top bankers can leave rates on hold,

  • GBPUSD Testing Key Resistance

    July 20, 2011 - no Comments

    30After bouncing off of 1.6100 support, GBPUSD is now testing key resistance circa 1.6150.  Heavier resistance is located above at 1.6162 (July 14th high) which may cause some problems for

  • What’s Happening With Currencies – July 20th

    July 20, 2011 - no Comments

    30We are now officially in the summer months.  Trading has thinned out a bit – with noticeable reductions in volume and intraday price swings.  The US dollar is the loser

  • UK Rate likely to stay at 0.5% until next year

    July 20, 2011 - no Comments

    30Base rates are likely to be kept on hold at 0.5% until at least next year after the latest minutes of the monetary policy committee revealed concerns that declining consumer

  • Eurozone warned over Greek debt

    July 20, 2011 - no Comments

    30Eurozone leaders must solve the Greek debt crisis or else the “negative consequences” will be felt across Europe and beyond, the European Commission president has warned. Jose Manuel Barroso called