Monthly Archives — "September 2009"
The Pound made gains against the Euro and the Dollar yesterday after the release of the minutes to the Bank of England September meeting following what now appears to be unanimous consensus on the way forward. At previous meetings it was evident there was a push by a few members, namely the governor Mervyn King, ...
read more →The Pound made gains against the Euro and the Dollar yesterday as Sterling traded sideways in Asia and rallied in European session due to greenback’s broad-based weakness. Cable continued to move higher in U.S. session as strong equity markets encouraged demand in high-yielding currencies. Also to note the dovish comments from BOE Governor, Mervyn King, ...
read more →The Pound declined against the Euro and the Dollar yesterday. Sterling started to fall a week ago on dovish comments from BoE Governor Mervyn who said he would consider rate cuts on commercial banks’ reserves held at the Central Bank. The news raised speculation that the BoE may continue to extend its 175 Billion pound ...
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