Day: July 30, 2009

British House Price Data Influence Pound

The Great Britain pound recovered from the two days of losses against the U.S. dollar and continued to gain against the euro today after the U.K. house prices data was released. The Nationwide Building Society reported a third month of gain in the real estate prices in United Kingdom. The average cost of a home went up by 1.3 percent in June, while the average forecast for the growth in June was near 0.2 percent. This news […]