Middle East Forex, FX | Saudi Arabia Forex | Qatar Forex | UAE Dubai Abu Dhabi Forex | Kuwait Forex | Bahrain Forex - Sterling slides to 2-1/2 year low after Fed, BoE minutes
Middle East Forex - Home Page
                Abu Dhabi,  Apr 17, 04:49

      HOME         FOREX NEWS         CURRENCY PAIR TECHNICAL INDICATORS         DAILY MARKET COMMENTARY         أعمال الشرق الأوسط         مراجعة شرق أوسطية
     Forex News
Sterling slides to 2-1/2 year low after Fed, BoE minutes
21/02/2013 09:21:48 AM GMT 

* FOMC hints at pullback in bond buying, contrasts with BoE

* Public sector borrowing data at 0930 GMT

By Anooja Debnath

LONDON, Feb 21 (Reuters) - Sterling fell to a fresh two-and-a-half year low against the dollar on Thursday and was likely to remain vulnerable after Bank of England minutes showed policymakers edging closer towards looser monetary policy.

BoE minutes contrasted with U.S. Federal Reserve's policy minutes showing some policymakers thought the pace of bond-buying should be stopped or reduced.

Sterling slid as low as $1.5130 on Thursday, its lowest since July 2010, before recovering some of its losses to last trade down 0.3 percent on the day at $1.5195.

Middle East Forex Wire External Story - Read full article here

Middle East Forex is not responsible for the content of external internet sites

Source: Reuters
     Article tools
Printable version
E-mail this to a friend

     Top Forex News
GCC's rebounding economy to double insurance take-up by '17
GCC's Rebounding Economy to Double Insurance Take-Up by 2017
GCC economies vulnerable to emerging markets slowdown
GCC-Germany trade reaches Dh135 billion in 2013
How will the Ukraine crisis affect GCC economies?

     Top Regional Business News (Ar)
الأسهم الأمريكية تغلق مرتفعة بعد تصريحات رئيسة مجلس الاحتياطي
مركز بحوث:الضرائب الباهظة على تحويلات الأفارقة تضر التنمية
صعود النفط عند التسوية مع تزايد التوترات في أوكرانيا
وزير النفط:من الصعب التنبؤ باستقرار إنتاج ليبيا النفطي
جي.إس.كيه البريطانية تحقق في مزاعم رشوة في الأردن ولبنان

     Top Regional News (Ar)

The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of this Web site does not constitute advice or a recommendation by Middle East Forex and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this Web site.

In no event shall Middle East Forex be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the Middle East Forex Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.

For eny enquiries, please Contact Us.