By James Lovick

Sterling strength for a change today and how refreshing it is! The pound seems to have halted its losses against the euro at least. It is probably on the back of the Bank of England minutes this morning which suggest the members are not so keen on more printing money. The markets seem to have taken the news well and the pound has seen a pretty good day against most major currencies. That is not to be complacent either, the Bank of England still desire a weak pound to help our export market and drag us out of recession. The reports of sterling euro hitting parity are probably not helping either!