Pound Remains Bullish on Mortgage Approvals
The pound found support to trade near a
After the Bank of England published a report showing the highest climb in mortgage approvals for November this year, the pound gained versus several currencies and specially versus a less attractive euro, as the British financial authority affirmed that in 2010 the situation is likely to improve further.
EUR/GBP declined to 0.8885 as of 20:07 GMT from 0.9035 on Monday.
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Earlier News About the Great Britain Pound:
- Retail Sales Force Pound Down (2009-12-17)
- Pound Advances Versus Euro on Employment Data (2009-12-16)
- Inflation Growth Helps Pound to Gain (2009-12-15)
- Pound to Trade Below $1.60 on Weak Resilience, Fed Rate Hikes (2009-12-14)
- Pound Down on Weaker than EU Outlook (2009-12-08)