The pound found support to trade near a one-month high level versus the euro after a report showed an improvement in the number of mortgage approvals, adding attractiveness for the sterling before the end of this week’s session.
After the Bank of England published a report showing the highest climb in mortgage approvals for November this year, the pound gained versus several currencies and specially versus a less attractive euro, as the British financial authority affirmed that in 2010 the situation is likely to improve further.
After the Bank of England published a report showing the highest climb in mortgage approvals for November this year, the pound gained versus several currencies and specially versus a less attractive euro, as the British financial authority affirmed that in 2010 the situation is likely to improve further.
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