Archive for October, 2010

29th
Oct/10

Better than expected…

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Posted in Currency News Currency Updates by mporter

The Pound has continued its recent recovery against the Euro and the US Dollar following the double bout of good news released earlier this week of better than expected UK GDP and S & P’s UK credit rating upgrade to AAA Stable. The Pound is now trading near 1.15 against the Euro and near 1.59 [...]

20th
Oct/10

Currency Update

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Posted in Currency News Currency Updates by mporter

Following the release of minutes from the Bank of England Monetary Policy Committee (MPC) and the Government’s Spending Review, the Pound has remained relatively stable near its current levels in the region of 1.13 against the Euro and 1.57 against the US Dollar.
The Bank of England Minutes confirmed that there was a three way split [...]