British Pound strengthens versus Euro

Source: Bloomberg
© Dukascopy

The UK national currency extended gains against 17-nation currency on London Wednesday trade. British Pound reached less than ВЈ0.84 per euro, for the first time in 10 months. The Pound appreciated 0.3% both against Euro and Greenback to ВЈ0.8393 and $1.5517, respectively. EUR/GBP currently is trading at 0.8402 while GBP/USD is trading at $1.5520.

Back to articles

Actual Topics

Wed, 14 Dec 2011 10:25:28 GMT

Putin may move away from Medvedev to regain voter trust

Russian PM Vladimir Putin may distance himself from President Medvedev to recapture public support ahead of presidential elections due March 2012, said researchers familiar with the matter. Vladimir Putin has less than 3 months to implement a new plan as United Russia party has become highly unpopular amid accusations of election fraud.

Wed, 14 Dec 2011 10:23:55 GMT

Italian 5-year bonds drop ahead of auction

Italian five-year bills declined on Wednesday as country was going to sell notes with a total value of around 3bn euros. Borrowing costs on Italian bonds surged 11 b.p. reaching 6.9% in London morning trade. 10-year yields climbed 9 b.p. to 6.77%, while yields for 2-year bills ascended 25 b.p. at 5.91%.

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.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.