Monthly Archives — "September 2011"
The Pound made against the Euro and the Dollar on a report that the Swiss National Bank will raise its percentage of sterling holdings in its portfolio of foreign currencies. While the SNB gave no specific time frame other than “in the next year”, expectations of sterling-buying have provided support with no economic data released ...
read more →The Pound is higher this morning against half of its major counterparts as investor confidence prompts investors to shift capital into riskier assets. The apparent coordination between the G20 leaders and Eurozone nations has encouraged the “risk-on” trade, and with no major economic data to convince investors otherwise, the UK has outperformed its European peers. ...
read more →The Pound made against the Euro and the Dollar yesterday amid renewed concerns that European policy makers will fail to resolve the sovereign debt crisis and prevent a Greek default, fuelling demand for the Pound as a haven from the crisis. The UK currency made gains against all but two of the 16 most actively ...
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