Posts Tagged ‘pound’
Currency Articles - February 26, 2014 10:54
Pound Holding the Highs and Looking Strong
The Pound is holding steady against the Euro and US Dollar as economists await the publication of a report which showed that the UK economy expanded in the fourth quarter of last year. GDP is forecast to have risen by 0.7%, slightly lower than the previous quarter’s figure of 0.8%. The currency is expected to […]
GBP Edged Higher To Regain Early Loss
After softening against the majority of its rivals yesterday following the Bank of England’s decision to leave policy unchanged, the Pound clawed back losses this morning. Sterling edged higher against the Euro and US Dollar ahead of the release of reports which are expected to show that UK industrial output increased in December. US Dollar […]
UK Inflation Hits 2% – The First Time In 4 Years
The Pound made its biggest gain in two weeks against the US Dollar in yesterday’s session after a report showed that inflation in the UK fell to match the Bank of England’s target of 2%. -the first time it has done so in four years. Today, Sterling has softened as investors wait for Bank of […]
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