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Look out for interest rate announcements from ECB and BoE today

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Uploaded by on Nov 5, 2009

www.tradingfloor.com
BoE is out today (expected to hike the asset purchases to £225B from £175B). That should be an additional negative for GBP and could besides the weak USD be an additional support for commodities.
The Daily Trading Stance is published every day by Saxo Bank and sets the trading themes for the day. For more comment on FX, FX options, equities and commodities go to www.tradingfloor.com

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