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Forex-u.s. Rates Support Dollar Near 2-year High

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and the Euro central bank sound Hawkish in an attempt to protect the Euro:



That would be why Mervyn and co have been sounding Hawkish recently then.

yup - no way out of this one. Still, at least they can blame it all on foreigners :rolleyes:

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So many people will get sooo badly burnt when the rates go up and at the moment, the UK press seem to be in total denial about it.

People are so foolish. They thought that interest rates would always stay around 3 - 4 % and have geared up based on this.

If the fed continue to raise their rates into next year, which looks likely, it will all suddenly hit and most people on the streets will look punch drunk for months. <_<

Gordon Brown will not be able to do anything but raise rates if this goes the way it looks like it will. We are a minnow compared to the US. We followed them down with our rates, had the party - now comes the payback.

Edited by BubbleTurbo

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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