Monthly Archives — "January 2011"
The Pound made small gains against the Euro while declining against the Dollar on Friday as concerns about a fragile UK economy weighed on sentiment. The GFK NOP survey of consumer confidence fell 8 points in January to -29, the biggest drop since 1992 and the lowest reading in 22 months, hit by a rise ...
read more →The Pound declined against the Euro while remaining relatively unchanged against the Dollar yesterday as speculation over the future monetary policy has continued to be a significant market driver. The currency has rallied just over 3% since the first of the year as the market begins to expect higher rates. This sentiment has however waned ...
read more →Currency Exchange Transfer Review 24.01.2011 The Pound declined against the Euro and the Dollar after a weaker-than-expected reading of UK retail sales which suggested sluggish consumer demand and highlighted the fragility of the economic recovery. Data showed December retail sales were flat on the year, the weakest change since January 2010 and the worst annual ...
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