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Global market watch - 11th February 2016

GBP

Volatile before the Fed with Sterling totally ignoring very poor Industrial and Manufacturing production. Analysts pointed to the fact that while UK Industrial production was lower by 1% than expectations the French Industrial production was lower by 1.8%. Hence GBPEUR was supported, which dragged GBPUSD higher as well. Fed Chair Yellen’s speech was released... Read more

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Associated Foreign Exchange (AFEX) is licensed as a money transmitter and regulated by the State of New York Banking Department. AFEX is licensed by the State of California and regulated by the Department of Financial Institutions.