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Currency Matters Latest market commentary provided by MyNotary’s personal Pure FX broker, James Roberts as at 1st December 2009 Sterling Overview Whilst the UK is the last remaining major economy still in recession the latest figures show GDP contracted by 0.3% which is 0.1% less than first thought. Also, earlier in the month Bank of England kept interest rates on hold at 0.5% and introduced an additional £25bn of quantitative easing (printing money) when the market was expecting £50bn. Both bits of data provided some much needed support to the pound. I mentioned in my last report the Bank of England is keen for …. click to download full report.

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