$ getting stronger still ....

$ getting stronger still …

August 14th, 2008 - Chris Marshall

The euro was trading at $1.4883 on Thursday, slightly above the 6-month low of $1.4815 struck earlier this week. Earlier this year, the euro was trading at $1.60.

Sterling touched a 22-month low of $1.8619 in Thursday trading.

The pound dropped sharply on Wednesday after the Bank of England issued its gloomiest assessment yet of the health of the UK economy.

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