LiteForex - Analytics


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    GBP/USD: general review on 31.03.2015

    Yesterday GBP/USD continued to decline due to positive statistics from the USA. Personal spending grew 0.4% in February,  against a forecast of 0.3% growth. Pending home sales, one of the crucial US real estate market indicators, increased 3.1% instead of the expected 0.4%. The Pound is still under pressure despite Mark Carney's Friday statement that the interest rate would be revised upwards next time.


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