Sterling strong against Euro, breaks through 1.20 to top ten month high


The British Pound rallied through the 1.20 barrier against the Euro yesterday following surprise news from the European Central Bank of an interest rate cut. This puts Sterling at a ten month high against the Euro.



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Thanks

James

Thanks VIc, just kidding :)

I'm sure FC exchange are happy with that!

Count your blessings that you are not tied to the US dollar.

There can be a down side as people with (unrealisable) assets in the UK may end up paying French ISF which will then more than gobble up any increase in income from the UK. They always get you somehow!