Pound beats Euro for a fifth day in a row

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/RS
The Pound was 0.2% higher to 79.95 per Euro in a very early London trading session, advancing for a fifth consecutive day. The Sterling has reached the highest exchange rate in five weeks against the European Union currency ahead the Bank of England meeting, where the decision on a domestic quantitative easing policy should be taken. Today's economic reports announced negative data, as house prices and retail sales have decreased, putting pressure for the monetary stimulus expansion.
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