April currency update

We are in one of those ‘plus ça change’ (plus c’est la même chose) situations again.  Since early November the pound has meandered, more or less aimlessly, in a six-cent range between €1.0950 and €1.1550, going nowhere. 

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February Currency update

Sterling’s year got off to less of a bang than that which attended 2009’s new-year party. Instead of picking up ten cents in the first ten days, as it did a year earlier, it was not until almost two weeks into January that the pound began to build up steam.

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