Tag Archives: British Pound

British pound lifted by hopes of UK economic recovery

UK data helped lift sterling off a three-day low against the dollar during the European trading session today. An industry report released in London this morning revealed that the number of U.K. business insolvencies fell 3.1 percent in September from last year,  as more business managed to stay afloat.  Hopefully this proves that business activity is picking up in the sluggish British...

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October 22, 2012 @ 11:42 am

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British pound lifted by hopes of UK economic recovery

UK data helped lift sterling off a three-day low against the dollar during the European trading session today. An industry report released in London this morning revealed that the number of U.K. business insolvencies fell 3.1 percent in September from last year,  as more business managed to stay afloat.  Hopefully this proves that business activity is picking up in the sluggish British...

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October 22, 2012 @ 11:42 am

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EUR/USD Technical Analysis, Pair Surges on Draghi’s Remarks

Currency of seventeen countries (Euro) was surged against the greenback (U.S. dollar) on Friday. Boosts comes from European Central Bank when President Mario Draghi indicated that the institution is prepared to resume buys of Spanish and Italian government bonds in a bid to overthrow borrowing costs and ensure the survival of the euro. EUR/USD escalates 0.07% , trading at 1.2290 in Asian...

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July 27, 2012 @ 7:26 am

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