Monthly Archives — "July 2010"
The Pound remained relatively unchanged against eh Euro while making gains against the Dollar despite dovish comments from the Bank of England, which did little to diminish optimism about the UK economic outlook after a run of encouraging data. The governor of the Bank of England, Mervyn King, stated that he is more concerned about ...
read more →The Pound made gains against the Euro while reaching a five-month peak against the dollar following the release of robust UK retail sales data. A survey by the Confederation of British Industry showed monthly retail sales in July rose at their fastest pace in three years, beating analysts’ forecasts although helped by a reweighting of ...
read more →The Pound made gains against the Dollar and the Euro yesterday boosted by data showing Britain’s economy grew almost twice as fast as expected in Q2. Data showed gross domestic product jumped 1.1% on the quarter, the strongest growth in four years and almost twice as fast as forecasts for 0.6%. In other news last ...
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