News Headlines for 14th November
GBP – Trade-weighted sterling reached 82.1, its lowest since mid-1996 and the inception of the euro.
CAD – The Toronto Stock Exchange main index lost most than 2% yesterday – commodity stocks dropping due to perceived lack of future demand – what with this recession and all….
USD – The interbank lending rates for 3-month dollar, euro and pound funds were slightly up today, tracking the first rise in dollar term lending rates in a month.
Overnight Libor Rates
Current Wednesday(17:10 GMT)
USD 0.40000 0.38250
EUR 3.07875 3.16875
GBP 3.00000 3.03750

[...] Team Forex – Never trade the Forex Alone USD – The interbank lending rates for 3-month dollar, euro and pound funds were slightly up today, tracking the first rise in dollar term lending rates in a month.
[...] Original post by ForexPerform [...]