Archive for October, 2011

October 4th, 2011 by Toby

POUND
The Pound pushed on further against the Euro this morning, hitting over 1.17 in early trading as concerns over Greece and Euro zone debt reached a high as fears grew over losses European banks would sustain as a result. Weak U.K Construction PMI released at 09:30GMT did see a correction back to under 1.17 but

Read More.......

POUND
The Pound shot up to new highs on the Euro this morning after concerns over a Greek default over the weekend convinced many investors to sell off the single currency. Unconvincing rhetoric from E.U leaders and the prospect of debt contagion in the Euro zone spreading to other financial sectors have prompted many traders to

Read More.......