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 Pound Hits New Multi-day Low Against Euro And Franc

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PostSubject: Pound Hits New Multi-day Low Against Euro And Franc   Pound Hits New Multi-day Low Against Euro And Franc Icon_minitimeWed Mar 21, 2012 12:24 pm

Pound Hits New Multi-day Low Against Euro And Franc




The pound fell against the Swiss franc and the euro amid the minutes of the Bank of England's latest monetary policy meeting at 4:30 am ET Wednesday.
The pound touched 8-day lows of 1.4413 against the franc and 0.8372 against the euro, compared to early highs of 1.4472 and 0.8338, respectively. On the downside, the pound may target 0.84 against the euro and 1.43 against the franc.


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