Monthly Archives — "March 2010"
The Pound made some serious gains against the Euro and the Dollar as data showed that the UK economy grew a bit more swiftly than expected. The Pound had its best day against the Dollar in nearly two weeks after revised GDP data showed that the economy grew 0.4 percent in the fourth quarter. A ...
read more →The Pound made gains against the Euro and the Dollar following an ease in risk aversion but found further gains capped amid political uncertainty ahead of upcoming elections in May. Standard and Poor’s also affirmed the country’s AAA rating but kept its negative outlook citing concerns over the country’s public finances. Due to this, the ...
read more →The Pound declined against the Euro and made gains against the Dollar on Friday as UK business investment was revised a little higher in Q4 but was still down a steep –4.3% in the quarter and –23.5% yr, the sharpest drop in annual terms in records which stretch back to 1967. Chancellor of the Exchequer ...
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