Monthly Archives — "January 2012"
The Pound declined against the Dollar while climbing to a fresh 15-month best against the EUR. Recent data showed that British home prices extended their annual decline, suggesting continued weakness in the much maligned housing market. However, PMI Service data released yesterday registered better than expected at 54.0, marking a 5-month high, versus the anticipated ...
read more →The Pound made gains against the Dollar while remaining relatively unchanged against the Euro yesterday as improved risk appetite, and better than expected economic data have provided support as investors look to assets with a higher yield than the USD and JPY. British PMI manufacturing data registered stronger than anticipated this morning at 49.6 versus ...
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