FairFX Press Releases >

Sterling Rallies Amidst Base Rate Cuts

Commenting on the Pound’s further gains against the Euro, Stephen Heath, Chief Executive of FairFX.com, said: “The Pound has rallied amidst news of the base rate cut, gaining one per cent against both the Euro and the Dollar. The Pound is now trading at €1.1211 and $1.5232 to £1 – and it is expected to claw back further gains in the coming months as Europe and America start to look as vulnerable as rival economies.”

Thursday 08 January 2009, 01:34pm

Tags: dollar exchange rates, dollar rates, euro rate, euros, exchange rates, interest rate, interest rates

feed
Subscribe to our feed

Updates by email:

Latest Posts

Monthly Archives

2009

November (3 entries)

October (2 entries)

September (1 entry)

August (1 entry)

June (2 entries)

May (2 entries)

March (1 entry)

Febuary (2 entries)

January (5 entries)

2008

December (4 entries)

November (1 entry)

October (3 entries)

September (1 entry)

August (2 entries)

July (3 entries)

June (3 entries)

May (3 entries)

April (1 entry)

March (4 entries)

Febuary (1 entry)

2007

November (1 entry)

Tags