July 23rd, 2008 - Bank of England Minutes Boost Pound, While Greenback Extends its Gains vs Other Rivals

Recap: In the BOE minutes, there was one vote for an interest rate increase, splitting the decision three ways. That revelation spurred Pound buying as it gained on the Dollar and Euro. The greenback extended its gains from yesterday climbing on the Euro, Yen, Aussie and Loonie.

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Topics Covered:
UK Mortgage Lending Continues to Fall in June, Manufacturers Orders Weak as Well
UK: Minutes See 3 Way-Split Decision, Besley Votes for Rate Hike
GBP/USD - Pound Boosted by Hike Vote in Minutes
EUR/USD - Greenback Gains for Second Day
EUR/GBP - Pouns Surges 80 Pips vs Euro on Central Bank Outlook
EUR Industrial Orders Fall 3.5% in May
CAN Consumer Producer Index Climbs to 3.1% Headline Annual Rate as Gas Prices Rise
USD/CAD - Greenback Strength Matched Loonie's Boost From CPI Data
AUS: Consumer Inflation up 1.5% in 2nd Quarter, Up 4.5% on Year
AUD/USD - Aussie Falls As RBA Seen on Sidelines Now
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