Tue, 23 Oct 2012 10:34:39 GMT
Pound higher versus Euro before mortgage approvals
On Tuesday, the British Pound retreated from a 4-month low versus the Euro, before a report, which is widely expected to show an increase in U.K. mortgage approvals for the third month in a row. The Sterling gained 0.2%, with the 17-nation currency being traded at GBP0.8141 by 8:04 a.m. in London.