Our weekly round up of economic and currency market events
14th November 2008
By Nigel Hodges of Currency Solutions
Well, Andy Murray, give me a chance to eat my words! After comparing him to Sterling on currency charts (plucky, but ultimately weak) he has sailed through to the final of the TMC to face Federer. Safe Swiss or volatile Brit?
Let's hope Murray fares better than the blighted Pound!
Sterling is languishing at a very low point in currency markets at present. Having plunged through the 1.20 barrier to reach an all time low against the Euro this week, the Pound is also trading at a 6 year low of 1.48 versus the US Dollar.
This is down around 45% from November 2007. Sterling has been weighed down by the negativity attached to the UK economy at present.
Already a member of Property Secrets?
To view the rest of this article read below....
To view this you need a Property Secrets Silver membership...
Join over 100,000 property investors and gain full insight and knowledge from our team of experts and advisors with thousands of articles, blogs and reports, free downloads, events guides, property deals and much much more.... 100% FREE OF CHARGE!
How our FREE SILVER Membership can benefit you?
- We have thousands of articles and pages of content written by our team of industry lead contributors
- Including expert written blogs on property markets from across the world
- Financial support from our partners on Mortgaging, Insurance, Currency & Tax
- Property Deals delivered into your inbox with our weekly newsletter & investment opportunities
- Keep up to date with new ventures, events & opportunities both on site & through email
- Select FREE downloads & eBooks on Market Profiles and contributors guides
- Capital Gains Tax Calculator, Currency Converter & Automatic Mortgage Reminder
- Online Support & much much more.......
Simply enter your email address below and you will be registered for FREE!
