Day: October 17, 2014

Higher Stocks Help UK Pound

UK pound has been ailing recently, and the gains for stocks today are helping remedy that — at least for now. Concerns about the UK economy are on the rise, so the sterling’s gains today may not last. Sterling is higher almost across the board today, following a couple days of disappointment. UK economic data has been disappointing, particularly the latest CPI data. Instead of showing improvement, CPI dropped to 1.2 […]