South Africa Business Confidence Index down to 88.3 in December from previous 90.8

FXStreet.com (Barcelona)

Jan 8, 2015

FOMC minutes supportive for a probable rate hike in 2Q15 – ING

Rob Carnell of ING, believes that yesterday’s FOMC minutes supportive the forecast for a probable rate hike in 2Q15, and anticipates the year end range to be 75-100bp, up from 50-75bp.

GBP/USD likely to retest fresh 18-month lows; BOE Meeting eyed

Cable remained weak, hovering around fresh eighteen-month lows reached at 1.5034 levels, as traders now turn their focus on upcoming Bank of England (BOE) Meeting for further cues the pair.