Thursday, January 10, 2013

Euro Currency update

Sterling vs. Euro; Last week saw continued weakness across the Euro zone keeping the single currency weak, the Pound also fell with poor economic data releases; it then recovered to see the GBP/EUR cross trading over a three year high with mid-market rates reaching 1.2433 over the weekend. One of the hardest questions to answer is what is expected of the Euro in the next 12 months? The French elections saw the Socialist ...

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