Euro to pound on the top and exceeds 0.76

Jan 15

Posted by flicker as Euro, News

The comparison of 'Euro Pound Sterling with a new maximum marks for the first time the absolute value of the currency the European Union exceeds the quota of 0.76 and was at 0.7608 pounds. The strengthening of 'euro against the pound seems to be derived from the weakness of the British currency as a result reducing the interest rate made by the Central Bank of English, as happens in fact, that the single European currency, along with others like the Swiss franc and the yen, which reached the highest against the dollar, is already been strengthened against the U.S. currency in view of the rate cuts made by the Fed while overcoming share 1.49 the cost of borrowing set by the ECB remains stuck at 4%. The assets of refuge (gold, silver, platinum), are experiencing increases in market values, with indices record (gold over $ 914 the ounce, platinum $ 1589 more than the ounce and silver over i 16.50), on the weakness of the currency the U.S. and risk inflation, hence the impetus for investors to such property.