Archive for November 13th, 2013

New Overnight Developments Abroad - Daily Update

Bank of England Report Opens Door Wider to an Earlier Rate Hike

November 13, 2013

Sterling rose as high as $1.6004 following release of the central bank’s quarterly inflation report and shows a net gain of 0.4% from Tuesday’s close. The dollar otherwise climbed 0.5% against the kiwi and 0.1% versus the euro and Swiss franc.  The dollar has softened 0.2% against the yen and 0.1% relative to the Australian […] More