Apr09
Sterling Dollar exchange rates
By Leigh Smith
During the course of this week the Pound has performed well, apart from against the consistently well performing US Dollar.
Today however has been a slightly different story, with both GBPCAD and GBPUSD exchange rates increasing on the back of positive PPI (Producer Price Index) figures for the UK.
You may ask if this run will continue? I’m not entirely sure, with the prospect of a hung parliament sill ever present, I’m sure there will still be room for both sterling strength and weakness over the coming weeks, with the measure of each being the uncertain factor.
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