We witnessed a significant day in terms of economic data released yesterday and Sterling came under pressure against the majors, dropping 0.3% against the Euro following a disappointing UK housing market report and a drop in UK mortgage approvals. The Nationwide Index showed that prices barely grew last month, rising just 0.2% following a modest [...]
Exchange Rate Forecasts
June, 2006
The Dollar gains as the Fed signal a further rise in U.S interest rates is likely this month
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