The GBP and EUR is getting expensive in comparation with USD
The economy of Great Britan rise with 0.7% on quarter 3 in comparation with quarter 2, and the rate of economy rise with 2.7%, under 2.8% who was the estimate of analist.
The rising of 0.7% was taken in consideration by Bank of Englend when was taken the decision to rise the rate of interest at 5%. Spend was rise with 0.4%, on the 3 quarter. After this news, the GBP appreciate toward USD on 1.9340 dollars and EUR elapse the 1.3 dollars for the first time from April 2005. EUR it's still continue the appreciate toward the USD as a matter of fact the European Central Bank will expensive the interest in 2007.
EUR was rise in this year with 10.3% toward the USD once with the rise of economy registered in EUR zone.
2 Comments:
the U.S. economy will get better once a Democratic president is elected...hillary anyone?
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