Pound climbs versus Euro and Dollar on BoE minutes

Note: This section contains information in English only.
Source: Reuters
The British Sterling advanced notably on Thursday rising against the European currency and the U.S. Dollar after the Bank of England released its minutes from the last policy meeting signaling that the bank may hike rates soon. The Pound surged to the strongest level in 17 months versus the Euro at 80.83 pence, while it gained to the highest level in two weeks at $1.6922.

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Thu, 22 May 2014 09:00:06 GMT

French private sector contracted in May

Private sector in France deteriorated in May falling for the first time in a three-month period, the latest data released by the Markit Economics unveiled on Thursday. According to the report, the country's composite private sector index dropped from April's level of 50.6 points to 49.3 points recorded in the following month.

Thu, 22 May 2014 08:28:04 GMT

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