Pound hits 7 year high against euro

Pound climbs again in wake of QE announcement Another turbulent week last week saw the euro lose yet more ground against its major counterparts, with the pound and dollar reaching 7 and 11 year highs respectively against the single currency. The US currency was the biggest winner from yet more eurozone uncertainty, gaining against sterling as … Read more Pound hits 7 year high against euro

Anticipation kicks in before a busy end to the week

Anticipation kicks in before a busy end to the week Yesterday was a fairly quiet day on the data release front, but it seems anticipation ruled the markets with GBP/EUR rates pushing up over a cent to a high of €1.3121. With an expected quantitative easing announcement from the ECB and Greek elections coming up … Read more Anticipation kicks in before a busy end to the week