Thursday, Jul 26, 2007
Market reaction to housing news
Reuters: Sterling slips on signs UK housing mkt slowing
Sterling fell against the dollar and the euro on Thursday after a series of soft UK housing figures.
Posted by alan @ 04:30 PM (240 views) Add Comment
5 Comments
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1. Scott said...
Who cares? Another boring article about currencies.
2. paul said...
Q: And what I ask ye, is the one and only remedy the Bank of England has when sterling loses value ... ?
¡sǝʇɐɹ ʇsǝɹǝʇuı ǝsıɐɹ :ɐ
3. japanese uncle said...
Speculative/opportunitstic money from around the world just attracted by the mad housing boom here, will be extremely quick to be pulled once the HPC starts, precipitating the pound.
4. paul said...
I notice the yen's on the rise too.
5. Tom101 said...
What do you invest in in times like these? Whats secure?