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Day: September 11, 2014
September 112014
UK Pound Sees Slight Gains
UK pound is seeing slight gains today, perhaps in correction for recent difficulties, which are the result of concerns over what’s next for Scotland. Even though the sterling is higher, the gains are precarious, as the Scottish independence vote injects uncertainty into the situation. There are serious concerns about the UK pound and how it might function if Scotland does vote to break free. Recently, Bank of England Governor […]
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September 112014
Canadian Dollar Pulls Back a Bit After Housing Starts Data
The latest housing starts data was a bit disappointing, and the result offset some of the better news out of Canada about building permits. Concerns about the housing market continue to weigh, and the continued pressure on oil prices isn’t helping the loonie, either. Loonie is a little bit lower against many of its counterparts today, thanks to the latest housing data. While the losses are quite tiny, they are still there, and a lot […]
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