News

'Merkozy' Meets Today As Euro Remains On Back Foot.

January 09, 2012 at 9:10 AM

• Sterling holds near 15 month highs versus euro
• Merkel and Sarkozy to meet today to discuss eurozone debt crisis
• Greenback continues to gain versus majors on safe haven play
• This Thursday see's interest rate decisions by BoE & ECB

A solid start to the week for the pound versus some of the majors has seen GBP/EUR remain around the 1.21 handle as sterling continues to reap the benefits of the ongoing eurozone debt crisis.

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