Tuesday, September 29, 2009

The British pound was a stimulus for growth

The rapid growth of pound / dollar, provoked by the report data of the Confederation of British producers that go out much better than expected (the balance of sales in September +3% vs -16% in August), as well as anything unsubstantiated rumors that the Bank of England does not endorse the idea of negative interest rates, while suspended in the area of $ 1.5960. Euro / pound has fallen to a sessional maximum on the level stg0.9210 to a minimum at around stg0.9110, but small bids near stg0.9120 yet remain an obstacle to the further reduction couples.

No comments:

Post a Comment