Sterling falls to lowest level against the euro in seven weeks
Sterling falls to lowest level against the euro in seven weeks
STERLING fell to the lowest level against the euro in seven weeks after speculation that the Bank of England will expand its Quantitative Easing programme as early as next month. The pound dropped as low as €1.1936/£1 in overnight trading after a …
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Gold Rally Threatened by USD Strength- Will QE Talks Tip the Scales?
And while strength in the dollar typically weighs on the precious metal, new speculation that the Fed may look to implement another round of quantitative easing may once again ignite a rally in bullion. Several voting Fed members have continued to cite …
Read more on DailyFX
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