Currencies  |  March 05, 2013 09:00:00

VIDEO: Weekly outlook GBP and CAD Britain downgrade by Moody's, bad data Purchasing Managers Index (PMI) of manufacturing, all the pound last week rushed down again. Whether it is better than the service sector production, we learn as early as Tuesday. Thursday will be tested by the Bank of England. This will either allow the reins of monetary policy, despite high inflation in order to boost the economy, or rather conservative attitude takes hold.

In the middle sits the Canadian central bank. Since it is this year expected increase in interest rates from the current 1 percent. But it probably does not occur in the coming months.From this logic, as well as keeping interest rates at 1 percent level could be taken for CAD slightly negative.

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