31.10.11

Pound gains over a cent vs the euro and dollar.

The pound has gained nearly one and a half cents against the dollar and a full cent versus the euro this afternoon as sterling reverses its losses posted at the end of last week.We have seen an extremely choppy trading session in which the single currency has seen aggressive selling across the board and MF Global has filled for Chapter 11 – bankruptcy US style.

Categories: currency, dollar, eurozone, sterling.