$EURGBP has broken to new yearly lows in today’s trading as sterling continues to gain against the euro. UK economic data continues to come in mixed but, despite the consensus, PMI numbers above 50 suggests the economy has signs of strength.
- SOME INTERESTING NUMBERS (EconomicsUK.com)
- David Cameron warns European debt crisis is far from over (The Guardian)
- Goldman’s O’Neill Candidate for BOE Governor (Bloomberg) [This is the same guy. Yikes.]
- Australian Bonds In Big Demand Again (Forex Live)
- Eurozone PMI and rate changes (Reuters) [chart that makes the case for ECB rate cut]
- EUR/GBP: If You Want To Know Why Its Falling, Have A Look At The SNB (Forex Live)
- EURGBP Update (50’s Blog)
- GBPUSD Update (50’s Blog)