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Britain manufacturing PMI falls, GBP widen losses

2017-07-03 01:16 pm | Resource: | No Views : 541

The British economy released today the Manufacturing PMI Indicator for June, which showed a falls to 54.3 versus 56.3 in May. However, Market expectations were to expand to 56.4.

At 12:56 pm GMT, The GBP/USD pair slip’s to 1.2949 by 0.58% from opening levels at 1.3005, after reaching a lowest level during the session at 1.2944 and a its highest level was at 1.3024.

Eyes of investors are looking forward right now to the chairman of the Financial Stability Board & BOE governor Mark Carney speech In advance of the G20 Leaders’ Summit in Hamburg this weekend.

Moreover, Carney may explaining how regulatory reforms since the financial crisis have made the financial system safer, simpler and fairer.

Furthermore, Markets also looking forward for Bank Of England chief economist Andy Haldane closing remarks at the Bank of England's research conference, in London later today.



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Best Opportunities, Vision and Technical Analysis for the USD/JPY pair 17 April 2019

We offer you the analysis of the US dollar against the Japanese Yen on Wednesday, April 17, 2019 with the most important expectations for the dollar against the Japanese yen on the market. Time frame Used - four hours The USD/JPY is moving in a bullish direction in the near term. USD/JPY is still facing resistance and selling pressure around 112.10 as the USD-JPY closed yesterday's session down below 112.00…

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