By Aidan Meikle

The pound is doing well against most currencies today.  There was some positive house price data out overnight… that helped to start and then the IMF said the world economy is now recovering.  Put the two together and you’ve got a bit of a spike for the pound!  How long it will last is hard to tell, we’ve seen some really volatile trading over the last few days with swings (movement from high to low of the day) of well over a  percent. It looks like timing is key at present.

Aidan Meikle