Wednesday, 17 April 2013
EU Wheat Firmer, German Crop Revised Lower
Posted on 11:16 by Unknown
17/04/13 -- EU grains closed mostly firmer with London wheat supported by the pound slumping to a one month low against the euro on the back news that UK unemployment rose to 2.56 million at the end of February. Also undermining the pound was news that the Bank of England's MPC were split 6-3 again this month on whether or not to raise QE. Once more, BoE Governor King wanted a GBP25 billion
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