GBP/USD moves lower ahead of Fed decision
January 29, 2014 4:10 pmVideo
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The GBP/USD was trading to the downside, despite stronger than forecasted UK housing prices. Investors were trading cautiously ahead of the US Federal Reserve’s policy announcement. UK house prices rose 0.7% in January, according to Nationwide. Year-on-year, house prices appreciated 8.8%, beating forecasts calling for 8.5%. The housing sector has been a cornerstone of UK […]
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