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UK Preps Population for Post Brexit
A new marketing campaign from the UK government is set to go live on Monday to prepare the public for life after the Brexit...
GBP/USD Targets 1.26 Level Fueled by EU Flextension Offer
The GBP/USD pair is testing the 1.26 mark, +0.45% on the day as of this writing. Cable is pushing higher amid renewed optimism for...
UK June PMI Data Points to Strong Construction Turnaround
The headline seasonally adjusted IHS Markit/CIPS UK Construction Total Activity Index beat market expectations handily, jumping to 55.3 in June from 28.9 in May.
BOE’s Bailey: Negative Rates Pose Significant Challenges to Lenders
According to a story carried by the Sunday Times, the Bank of England (BOE) Governor Andrew Bailey has written a letter to lenders. In...
GBP/USD Continues Within Range Since Late March
For 70 straight trading days Cable has been ranging between 1.2074 and 1.2810. Currently in a mild upswing, though battling a strengthening...
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RBA Maintains Current Policy Settings
At its meeting today, the Reserve Bank of Australia Board decided to maintain its current policy settings. This includes targets for the cash rate...
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Bitcoin Drops Overnight on Heavy Volume
Over the past several days Bitcoin (BTC) has been climbing steadily upward. The cryptocurrency heavyweight hit a 2020 high of $12,134.29 (according...
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US GDP Leads What to Watch For Today
Markets are bracing for what could be record poor US GDP numbers. Consensus is contraction in the range of 30%, however the...
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Federal Reserve Monetary Policy Decisions for July 2020
In its most recent release on monetary policy, the Federal Reserve committed to using its full range of tools to support the U.S. economy....
Education
20 Important Forex Statistics in 2020
Researching forex trading? Below are some interesting forex statistics, charts, trends, and facts we found on this $5.3 trillion daily market.
General Forex Statistics
The...