Jul30
Sterling Strength as House Prices Rise
By James Lovick
The Green shoots are back! The pound saw good gains against the euro this morning probably on the back of the sharp rise in house prices. Exchange rates for the pound against the USD also increased. Anyone in need of currency transfers away from sterling are in a much better position following the release. All the same with GDP so low and unemployment rising as we all know, it does make you think how long we can see currency rates for for the pound increasing.
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