Call Free Phone Now:0808 163 0102
Outside the UK: +(44) 207 898 0541 Request a Call Back
 
  Daily Currency News Euro US Dollar Educational Articles  
 
Posted January 24th, 2012 by Charles Purdy

EUR/GBP Rate & Comments for 24th January 2012

EURO/GBP - 1.1954

Nothing major to report. As noted yesterday, Wednesday will be a key day for releases as both the Bank of England release the minutes from their last meeting and the Federal Reserve meet. There is likely to be a lack of direction until this happens.
 
The euro has had a good few days gaining against sterling and the US$. Market opinion is that this is more on investors covering their short positions on the euro rather than any fundamental change in the euro’s fundamentals. This seems sensible as the euro zone still needs to agree the Greek bailout and find a solution to other euro zone countries debt problems.

For individual requirements, visit the SmartCurrencyExchange.com website and for companies visit the SmartCurrencyBusiness.com


Be Sociable, Share!

Comments are closed.

© Copyright 2010 Smart Currency Exchange. All Rights Reserved.
Site by Iniquus