25 May 2017 The New Code of Conduct to Clean up Foreign Exchange Market's Dirty Reputation is Released

The Bank for International Settlements has issued a long awaited FX Global Code, which is a set of global principles of good practice in the foreign exchange market following recent scandals.

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25 May 2017 UK GDP Data Revised Lower, Pound Sterling Ignores it

The ONS has revised UK growth for the first quarter of 2017 down a notch blaming the rise in inflation.

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23 May 2017 This German Economic Surge “is for Real”

The Ifo index has hit its highest level since 1991 when the measure of German economic sentiment was first introduced.

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23 May 2017 The Euro Charges Higher Against Pound and Dollar on Impressive German ifo Index and Eurozone PMI Data

A strong set of Eurozone economic data out on Tuesday, May 23 has added to the pro-Euro theme dominating foreign exchange market trade at present.

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22 May 2017 Labour’s Odds of Winning General Election “Shortening by the Hour”

Theresa May’s U-turn on capping the so-called “dementia tax”, just four days after releasing the plan in the Conservative election manifesto, has caused the Labour party’s odds of winning the snap …

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19 May 2017 Macron’s Trojan Horse to Eurozone Centralisation

Emmanuel Macron, France’s new president, wants to give fresh impetus to EMU by establishing a common budget, though only to finance policies that are currently being dealt with elsewhere.

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18 May 2017 British Pound Surges on Retail Sales Blowout, 8-Month Best v Dollar, Strong Recovery v Euro

Sterling-Dollar has broken above the psychological barrier of 1.30 for the first time since 30 September after this morning's UK Retail Sales release surprised to the upside.

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