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UK GDP Report Due, Pound Ready To Move By Pete Southern - Jul 27, 2015

The Pound put in a fairly optimistic performance against the majors on Friday as investors geared up for this week’s UK GDP report. Data due for release on Tuesday is expected to show that...

Retail Figures Could Push The Pound Further By Pete Southern - Jun 18, 2015

The Pound was trading near the 1.40 level against the Euro on Thursday as concerns over Greece boosted demand for safe-haven assets. Against the US Dollar, Sterling strengthened to 1.58 as the Federal...

Emphasis Turns To Rate Hikes By Pete Southern - Jun 08, 2015

Sentiment towards the Pound improved slightly on Friday in response to a fairly sanguine inflation expectations report. Despite the consumer price index currently standing at a half-century low of...

UK Economy Grows Despite Q1 Slowdown By Pete Southern - Jun 01, 2015

Over the weekend the Confederation of British Industry (CBI) suggested that despite the slowdown during the first three months of the year the UK economy grew at its fastest pace for 12 months during...

US Dollar Gains Ground After Housing Data By Pete Southern - May 20, 2015

The Pound Sterling declined against the US Dollar as the currency remained under pressure from Tuesday’s negative UK inflation data. Inflation dipped -0.1% in April, defying expectations for an...

Dollar Gains Ground into Veterans Day By Pete Southern - Nov 11, 2014

The Pound recovered ground against the Euro and other peers after the US Dollar found renewed support and a report showed that UK retail sales increased in October due to shoppers splashing out on...

Rebound In EUR/USD Makes A Sharp Retrace By Pete Southern - Nov 05, 2014

Finally there was a rebound on Tuesday afternoon for EUR/USDon the foreign exchange market, after halting many days and weeks of declines, and testing the year low at 1.2440 early this week. However,...

Will The Bounce In Gold Provide Support? By Pete Southern - Oct 08, 2014

As things stand, Gold prices have bounced (since Monday) from the lows of the last two years. The question remains, to buy or not to buy? With the US Dollar on a rampage, it’s easy to find...

Gold Continues To Spike Higher By Pete Southern - Jul 10, 2014

Once again we see Gold prices are starting to creep higher. If you have been following my recent comments, this should be no surprise, but increased unrest in the Middle East and not even a hint of...

Bullish On Crude Oil By Pete Southern - Jul 02, 2014

Crude Oil prices continue to consolidate above the $104 per barrel level, with tensions in Iraq and Ukraine creating a nervy marketplace for the black stuff. The sliding price of the US dollar is also...

Gold: Solid Support Above The $1200 Level By Pete Southern - Jul 01, 2014

Gold prices continued to push higher yesterday, as investors around the globe start to look for a safe haven, whilst stocks are at their highs. These surges have been fuelled by the uncertainty...

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