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Posted March 21st, 2012 by Charles Purdy

EURO/GBP Rate & Comments for 21st March 2012

EURO/GBP - 1.1978

Sterling had a mixed day yesterday, strengthening against the Australian and New Zealand dollar; but, experiencing a volatile day against the majority of other currencies. Inflation data released yesterday showed a slight decrease last month to the lowest level in a year; but, missed market expectations. Today’s focus will be firmly on the borrowing figures for the public sector, the minutes from the last Bank of England meeting and the annual budget which takes place this afternoon. Any unexpected details revealed could cause a lot of volatility today so call in for the latest news and a live quote.
The euro had a mixed day yesterday as fears of an economic slowdown in China spread across the world creating a risk adverse market. There is very little data out of Europe today as the markets look towards the UK and the US for influence. Call in now for the latest update and the latest news.

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