Monthly Archives — "December 2010"
The Pound declined against the Euro and Dollar yesterday as concerns about U.K. economic growth contrast with worries about inflation and possible monetary tightening continue. The minutes from the December 9 Bank of England meeting reveal a three-way split for the third consecutive month. Seven of the nine MPC members voted for no change in ...
read more →The Pound declined against the Euro and Dollar yesterday. U.K. economic reports and the Bank of England minutes might have some influence but are unlikely to shake sterling out of its ranges. The minutes of the MPC’s Dec meeting are released in conjunction with the GDP figures, and should report another 3-way split amongst the ...
read more →The Pound made gains against the Euro while declining against the Dollar. The Pound stayed within a 100 pip range against the Euro with the market able to stage a small rebound in the European session before falling back again during New York trading. Investors are expected to look for outside factors to push the ...
read more →