The past several months have been very hard on all European currencies. The Euro has seen record lows against the Dollar and the once mighty Sterling has tarnished and hit record lows as well. Over the past few week though we have seen both currencies bounce back. While there are … Read More »
Sterling
The British Pound and Euro Trading Higher
Tuesday, July 6th, 2010February Currency Update For British Pound and Euro
Thursday, March 11th, 2010February proved to be another uncomfortable month for Sterling as the US Dollar pushed the Pound below the key market level of $1.50. Both UK and US GDP figures for the 4th quarter of 2009 were revised up, 0.3% and 5.9% respectively – a clear indication of the rate of … Read More »
The Sterling Hit’s New Highs
Monday, August 3rd, 2009A month ago we dwelled on the Pound’s reluctance to move above $1.67, the high achieved at the end of last October. Investors have been on a rollercoaster ride throughout July with the GBPUSD rate blundering between 1.63 and 1.66. The ride must have gathered momentum however, trading around 1.69 … Read More »
U.K. Sterling post highest exchange rate vs Dollar in 8 months.
Thursday, July 2nd, 2009As the Florida summer begins and the housing market continues to heat up, it should also be noted that the Sterling hit an 8 month high at the end of June at just over 1.6715 against the U.S. dollar. This is fantastic news for U.K. vacation home buyers looking to … Read More »
U.K. Buyers See Improvements In The Sterling
Wednesday, June 3rd, 2009It was a one-way-street for Sterling in May. Continuing the trend of late April, from a low of $1.44, it motored ahead – sometimes steamed ahead – to finish the month at $1.60, the year’s highest close. Sterling’s gains amounted to 11% for the month and a staggering 18% from the … Read More »