Following on from last week, the Pound plunged to the lowest level in four months against the Euro to find support around 1.2360 by the close of trading on Friday after the latest round of weakening economic data indicates that the economy is edging closer towards a recession. The Gfk index of consumer confidence held [...]
Exchange Rate Forecasts
September, 2008
The Pound declines to a fresh record low against the Euro while also slipping under 1.8100 versus the Dollar
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