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BUZ INVESTORS UK net consumer credit rose Consumer credit in the United Kingdom increased by £1.4 billion to £196 billion in February Forex News 

UK net consumer credit rose more than expected in February

UK net consumer credit rose more than expected in February BUZ INVESTORS UK net consumer credit rose Consumer credit in the United Kingdom increased by £1.4 billion to £196 billion in February 2017 following an upwardly revised £1.6 billion rise in January and above market expectations of a £1.3 billion gain. But the annual growth rate held steady at 10.5 percent, after slowing in previous months. Credit card lending went up by 9.3 percent year-on-year to £67.3 billion (from 8.6 percent in January) and other loans and advances grew by…

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BUZ INVESTORS UK number of mortgage approvals Mortgage Approvals in the United Kingdom is expected to be 68.30 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Forex News 

UK number of mortgage approvals for house purchases recorded a surprise drop in February

UK number of mortgage approvals for house purchases recorded a surprise drop in February BUZ INVESTORS UK mortgage approvals Mortgage Approvals in the United Kingdom is expected to be 68.30 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mortgage Approvals in the United Kingdom to stand at 72.50 in 12 months time. In the long-term, the United Kingdom Mortgage Approvals is projected to trend around 97.60 Thousand in 2020, according to our econometric models. OTHER STORIES BUZ…

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Buz Investors German imports rose German import prices jumped 6.0 percent year-on-year in January of 2016, following a 3.5 percent increase in December and beating markets consensus of a 5.5 percent gain. Forex News 

German import price index advanced more than expected in February

German import price index advanced more than expected in February BUZ INVESTORS German import price index advanced German import prices rose 7.4 percent year-on-year in February of 2016, following a 6.0 percent increase in January and above markets consensus of a 7.0 percent gain. It was the highest import inflation since April 2011. Excluding crude oil and mineral oil products, import prices went up by 4.5 percent from a year earlier. On a month-on-month basis, import prices went up 0.7 percent, slower than a 0.9 percent growth in the prior…

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Buz Investors Swiss UBS consumption Compared to a reading of 1.45 in the previous month UBS consumption indicator recorded a rise to 1.50 in Switzerland, in December. Swiss consumption indicator increased in December as new car registrations surged, a report from the global financial services firm UBS showed Wednesday. Forex News 

Swiss UBS consumption indicator climbed in February

Swiss UBS consumption indicator climbed in February BUZ INVESTORS Swiss UBS consumption indicator  A measure of Swiss private consumption increased in February, driven by domestic tourism, survey data from the UBS investment bank showed Wednesday. The UBS consumption indicator climbed to 1.50 in February from 1.44 in the previous month. The rise in February was mainly supported by domestic tourism, which is recovering from the effects of the franc shocks in early 2015. OTHER STORIES BUZ TRADERS FOLLOW Swiss UBS consumption indicator Automobile market also showed positive trend in February….

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Today's Forex Buz Word Major Currency Pairs Forex News 

TODAY’S FOREX BUZWORD MAJOR CURRENCY PAIR 3.28.17

TODAY’S FOREX BUZWORD MAJOR CURRENCY PAIR 3.28.17 A DAILY SOCIAL TRADING EVENT BUZ INVESTORS MAJOR CURRENCY PAIR 3.28.17 This morning, the greenback is trading higher against most of the major currencies. Moving ahead, investors look forward to speeches by several Federal Reserve (Fed) officials along with that of the Fed Chairwoman, Janet Yellen, due later today. Additionally, the US CB consumer confidence index and goods trade balance data will be eyed by investors. The GBP is trading higher against the USD. Going ahead, all eyes would be on the British Prime…

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Buz Investors EURUSD Marginally Higher A very light economic calendar and some easing political concerns are resulting in a modest gain in EUR/USD in today’s trading. The pair is currently at 1.0619, up 0.10% over Friday’s close. Forex News 

EURUSD decreased 0.0013 or 0.12%

EURUSD decreased 0.0013 or 0.12% EURUSD BUZ INVESTORS EURUSD decreased 0.0013 This morning at 09:40 GMT, the EUR is trading at 1.0860 against the USD, marginally lower from the New York close. In economic news, Italian seasonally adjusted industrial orders and industrial sales declined in January. This morning, the pair traded at a high of 1.0872 and a low of 1.0844. The Euro traded 0.29% lower against the US Dollar in the New York session yesterday, with the pair closing the session at 1.0862. The pair is expected to its…

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USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports Forex News 

USDJPY decreased 0.2300 or 0.21%

USDJPY decreased 0.2300 or 0.21% USDJPY BUZ INVESTORS  USDJPY decreased 0.2300 This morning, at 09:40 GMT, the US Dollar is trading at 110.69 against the Yen, slightly higher from the New York close. Moving ahead, investors will keep a close watch on Japan’s retail trade data for February, scheduled to release overnight. During the session, the pair traded at a high of 110.82 and a low of 110.49. Yesterday, the US Dollar traded 0.35% higher against the Yen in the New York session and ended at 110.63. The pair is…

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USDCHF Clawing Back Following Monday’s Break Forex News 

USDCHF decreased 0.0008 or 0.08%

USDCHF decreased 0.0008 or 0.08% USDCHF BUZ INVESTORS USDCHF decreased 0.0008 The US Dollar is trading at 0.9850 against the Swiss Franc at 09:40 GMT this morning, 0.07% lower from the New York close. Looking ahead, Switzerland’s ZEW survey of expectations index, the UBS consumption indicator and the KOF spring economic forecast report, all due to release tomorrow, will garner significant amount of market attention. The pair traded at a high of 0.9869 and a low of 0.9846 this morning. Yesterday, the USD traded 0.36% higher against the CHF in…

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AUDUSD flirting with 2-month lows Forex News 

The AUDUSD increased 0.0012 or 0.15%

The AUDUSD increased 0.0012 or 0.15% AUDUSD INVESTORS BUZ AUDUSD increased 0.0012 The pair is trading at 0.7603 at 09:40 GMT this morning, with the Australin Dollar trading 0.11% lower against US Dollar from the New York close. Amid a lack of economic releases in Australia today, investor sentiment would be governed by global macroeconomic factors. This morning, the pair traded at a high of 0.7634 and a low of 0.7584. The Australian Dollar traded 0.17% lower against the US Dollar in the New York session yesterday, with the pair…

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Buz Investors Italian industrial orders declined Italian industrial orders fell 2.9 percent month-on-month in January of 2017, following an upwardly revised 3 percent gain in December. It was the first drop in 4 months, as domestic orders went down 6.6 percent Forex News 

Italian industrial orders declined more than expected in January

Italy Industrial New Orders  1990-2017  Buz Investors  Italian industrial orders declined  Italian industrial orders fell 2.9 percent month-on-month in January of 2017, following an upwardly revised 3 percent gain in December. It was the first drop in 4 months, as domestic orders went down 6.6 percent (from 6.8 percent increase in December) while foreign orders rose 2.6 percent (from -2.1 percent). On a yearly basis, orders jumped 8.6 percent following a 0.9 percent decline in the prior month. Meantime, industrial sales decreased by 3.5 percent month-on-month, following a 2.5 percent rise…

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