Triple dose of good news boosts sterling

28 July, 2011


3 pieces of positive news have given the Pound a boost this morning:

– UK industrial and manufacturing production up more than expected
– UK house prices rose 1.1% last month, according to Halifax
– UK car sales are up 26% on last year

Dollar and Euro prices agains the Pound are now at their cheapest for over a month, with the next news scheduled being the Bank of England and ECB due to announce their monthly policy statements at lunch time today.