Showing posts with label GBP Trend. Show all posts
Showing posts with label GBP Trend. Show all posts

Wednesday, 22 January 2014

FOREX Trend Today: British Pound Shown Bull Trend

The British pound again pleased investors in a quiet market . Excellent data on unemployment in November (7.1% vs. 7.4% in October and 7.3% forecast) British pulled up by 100 points. Played a role, and speculation about an early increase in interest rates by the Bank of England. In particular, Citigroup suffered a forecast increase in rates from the 2nd quarter of 2015 to the 4th quarter of 2014. These rumors also put pressure on the stock market- the British FTSE100 closed the day down 0.12%. But there has not been without affecting the U.S. stock market.

Large companies such as IBM, Bancorp, Advanced Micro Devices and United Technologies showed a decline in quarterly profit and pulled the entire market. As a result, Dow Jones fell by 0,25%, S & P500 closed the day up 0.07%. Stock market week goes on and this fact indicates true sentiment- waiting for the Fed meeting on January 29. In this situation, the potential for further growth of cable exhausted.