Forex Trading News: GBP Mortgage Approvals Released
Posted by Mr. Danish FX on Tue, 04/29/2008 - 4:33am in
The Mortgage Approvals number comes out at 64K from the previous 73K. This number was forecast for a drop at 65K.
In addition, the M4 Money Supply comes out at 0.8% from the previous 0.8% as well.
Very little change in the GBP as these number came out pretty much on par with forecast. The Bank Of England Governor Mervyn King is expected to make comments in about 15 minutes which may cause more volatility with the GBP pairs.
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