Sterling reaches highest level in two years against Dollar

Note: This section contains information in English only.
Source: Bloomberg
The British currency reached its highest level versus the greenback after the Bank of England left its monetary policy unchanged. The Pound traded at $1.6459 as of 12:06 p.m. in London, after advancing to $1.6603 on January 2, the strongest level in two years. U.K.'s currency slid 0.1% to 82.63 pence per Euro after strengthening to 82.42 pence on Wednesday.
Back to articles

Actual Topics

Thu, 09 Jan 2014 13:12:52 GMT

Euro gains on growth signs ahead of ECB decision

Eurozone's currency climbed from near the lowest level in five weeks versus the greenback on ideas that the ECB will refrain from adding stimulus amid recovery in the single currency region. The 18-nation currency added 0.2% to $1.3599 as of 12:08 p.m. in London, after falling to $1.3554 on Wednesday, the lowest level since December 5. The Euro climbed 0.3%

Thu, 09 Jan 2014 12:41:06 GMT

WTI rises before ECB policy meeting

West Texas Intermediate crude increased on Thursday rebounding from the lowest level in six weeks after the U.S. currency fell against the Euro before the European Central Bank revealed its decision about interest rate cuts on today's policy meeting. WTI for delivery next month jumped 52 cents and traded at $92.71 on the NYMEX by 9:39 a.m. in London.

Subscribe to "Fundamental Analysis" feed

Souscrire
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.