Monthly Archives — "October 2011"
The Pound declined against the Euro and the Dollar as investors seek relatively safe assets. The UK economy continues to languish, with recent reports showing that British factory orders fell and business optimism tumbled to the lowest level in two and a half years. British policymakers have also been outspoken about the importance of resolving ...
read more →The Pound remained relatively unchanged against the Euro and the Dollar yesterday, the Pound has shed some of its early gains on the decrease in risk appetite, but has remained relatively well supported against its Eurozone counterpart as one of the primary alternatives to the EUR. With no major economic data due in the UK, ...
read more →The Pound made gains against the dollar while remaining relatively unchanged against the Euro. Uncertainty that European leaders will forge a durable solution to the debt crisis boosted the relative allure of the British currency. Data supporting this move included the budget deficit narrowing in September by more than economists had forecasted. This week is ...
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