Pound Continues Up

28 July, 2011

CurrencyIndex

We have the best US Dollar exchange rates so far this year at the moment, and near the year-high for the best Euro exchange rates too.

Trading this morning is particularly volatile, with both Euro and Dollar rates fluctuating by up to 2c in the last hour. Trade data out this morning showed UK Retail Sales up more than expected – but at the same time business investment has fallen.