Pound Lost against Euro on Decreasing House Prices

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Pound depreciated for a second day versus the Euro on the U.K. manufacturing report showed house prices didn't increase in November, proving recovery of the U.K. economy is slowing down. Sterling lost 0.2% against the Euro and traded at 81.04 pence per Euro, following decline to 81.14 pence, a one-month low, on Tuesday, and it is forecast to fell to 83 pence per Euro by April. The Pound fell against all, but 3 of 16 main counterparts amid gain of European stocks.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.