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UK Q4 GDP Prelim data came better-than-expected: Time to long GBPUSD?

The UK Office for National Statistics has just released the figures for the GDP First Estimate. The UK Prelim GDP q/q for the Q4 reading emerged at 0.6%. The official report from the UK Office for National Statistics highlighted the following: UK gross domestic product (GDP) was estimated to have

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Trading ECB Press Conference

Investors all over the world are highly anticipating the ECB conference today and Donald Trump’s inauguration on Friday. Both these events are perceived to be market movers. With the Press Conference taking place in less than two hours, it is high time to look over what Major Banks are expecting

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USDCAD rebounded post January Bank Of Canada Rate Meeting

The markets predicted it right, the Bank of Canada maintained its overnight rate at 0.5%. Correspondingly, the bank rate stayed at 0.75% and the deposit rate at 0.25%. According to the BoC’ full statement the global economy strengthened, while a number of prices commodities rose such as oil. In