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CMS Forex's Daily Video Recap - 07/23- Pound Gains on Minutes, Dollar Extends Gains

Discussion in 'Forex Videos' started by cmsforex, Jul 23, 2008.

  1. cmsforex

    cmsforex Contributing Member

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    July 23rd, 2008 - Bank of England Minutes Boost Pound, While Greenback Extends its Gains vs Other Rivals

    Recap: In the BOE minutes, there was one vote for an interest rate increase, splitting the decision three ways. That revelation spurred Pound buying as it gained on the Dollar and Euro. The greenback extended its gains from yesterday climbing on the Euro, Yen, Aussie and Loonie.

    For today's video, please visit:

    Topics Covered:
    UK Mortgage Lending Continues to Fall in June, Manufacturers Orders Weak as Well
    UK: Minutes See 3 Way-Split Decision, Besley Votes for Rate Hike
    GBP/USD - Pound Boosted by Hike Vote in Minutes
    EUR/USD - Greenback Gains for Second Day
    EUR/GBP - Pouns Surges 80 Pips vs Euro on Central Bank Outlook
    EUR Industrial Orders Fall 3.5% in May
    CAN Consumer Producer Index Climbs to 3.1% Headline Annual Rate as Gas Prices Rise
    USD/CAD - Greenback Strength Matched Loonie's Boost From CPI Data
    AUS: Consumer Inflation up 1.5% in 2nd Quarter, Up 4.5% on Year
    AUD/USD - Aussie Falls As RBA Seen on Sidelines Now
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