Pound plunges on ‘dovish’ rate hike; dollar unmoved by tax plan, Powell nomination

Pound plunges The pound was the biggest loser of today’s foreign exchange action after the Bank of England hiked rates by a quarter point but promised to be ‘gradual’ regarding future rate increases. The US dollar failed to benefit from the unveiling of key details regarding the tax reform plan of President Trump and Congressional
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UTRUST Announced Upgraded ICO The ICO for the UTRUST Platform is set to start on November 2nd 2017 at 2:00 pm UTC.  One of the few of its kind, UTRUST will allow U.S citizens to participate in the event provided they are accredited investors. A recent announcement reads: After A 90 Minute Wipe Out During
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(European Open) – Stoxx 600 flat; Asia mixed; Trump’s tax plan in focus Stoxx 600 flat In Asian markets, the Japanese Nikkei 225 and Topix indices advanced by 0.5% and 0.7% respectively after yesterday’s decline due to ex-dividend adjustments. Hong Kong’s Hang Seng lost 0.8% and the Shanghai Composite declined by 0.15%. Australia’s S&P/ASX 200 climbed
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GT Biopharma (OXISD) Announces Development Plan For Non-Opioid Neuropathic Pain Treatment “PainBrake” GT Biopharma Inc. announced today that it has made the required payment to license and develop PainBrake, a non-opioid pain medication, to Accu-Break Pharmaceuticals Inc. The payment allows GT Biopharma (OTCQB: OXISD) to begin the clinical development process and the filing of a
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YELLEN MAINTAINS PLAN TO HIKE INTEREST RATES, SHRINK BALANCE SHEET FOREX INVESTORS BUZZ INTEREST RATES   Federal Reserve Chair Janet Yellen said Wednesday that the U.S. central bank remains on track to both raise interest rates and begin shrinking its balance sheet before the end of the year. In prepared remarks released before her testimony
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