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UK Mortgage Approvals Decline, Opening the Door For More QE

By admin on 23/02/2010

U.K. mortgage approvals fell for the first time since March stoking fears that tight credit markets may force the BoE to add to their quantitative easing efforts.  The British Bankers’ Association reported that home loans dropped to 35,083 from 45,650 significantly missing forecasts of 43,000.
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Pound Remains Bullish on Mortgage Approvals

By admin on 20/12/2009

The pound found support to trade near a one-month high level versus the euro after a report showed an improvement in the number of mortgage approvals, adding attractiveness for the sterling before the end of this week’s session.(…)Read the rest of Pound Remains Bullish on Mortgage Approvals (62 words)
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Related PostPound Extends Gains on Mortgage ApprovalsEURUSD Forecast Indecisive [...]

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