Following on from last week, the Pound came under intense pressure against the majors following a revised report from the Office of National Statistics where it was announced that an error had been made in one of their inflation models, leasing to an incorrect measure of UK national income in the second quarter. Sterling dropped [...]
Exchange Rate Forecasts
October, 2006
The Euro may make further gains against the Pound in the build up to the ECB interest rate announcement and press conference
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