Pound rises to monthly high of 1.6550

GBPEUR/GBPUSD

The Pound rose to the highest level in a month against the Dollar, rising to a high of $1.6550 last night, while the UK currency also advanced versus the Euro and Japanese Yen, as stocks rallied and survey showed that demand in the housing sector had picked up. The benchmark FTSE 100 Index rallied for a sixth consecutive day, the longest streak of gains since January, as higher commodity prices triggered a rally in raw-material producers.

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The Credit Crunch Clearance Case

Just in case you haven't quite perfected your trading strategy and are having to keep an eye on the pennies then Wineaux's credit crunch clearance case may be just the thing you are looking for. Six bottles of red and six bottles of white wine for under 50 quid. Act fast as I don't expect these to be around for long the company is reducing their stock list and some of these wines will have retailed for double the price.

For details see www.wineaux.co.uk or click here

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