
Tue, 09 Mar 10 09:57 am
Phrases such as ‘better the devil you know’ and ‘the lesser of two evils’ may have been scribbled in the tattered moleskin diaries of a few sterling traders last week. Keeping that theme in mind, an eternity in flames may have provided a more favorable option to those expected to vote this summer, as the British public seem well and truly stumped, which could result in a hung Parliament – which doesn’t bode well for sterling.
Data just out indicated that UK consumer price inflation eased for April. Weak CPI, coupled with a...
| US Dollars | 1.5770 |
| Euros | 1.2395 |
| Swiss Francs | 1.4886 |
| Australian Dollars | 1.6010 |
| South African Rand | 13.058 |
| GBP indicative mid-market rate at 19:05. Please call for quote. | |