Retail sales & mortgages bring some cheer
28 July, 2011
CurrencyIndex
Today’s mortgage approval figures and retail sales numbers for June were both better than expected, which gave the Pound some strength, in a choppy day on the markets.
Tomorrow’s UK GDP figure will be eagerly anticipated – if the nation’s income is improving significantly, there may be a spike tomorrow afternoon offering the opportunity to send money abroad more cheaply. If the news is bad, perhaps the Pound will end the week on a low note.
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