The British Pound Was The Big Winner In The Currencies Today

The British Pound was the big winner in the currencies today, rising 130 ticks. The overall theme with the Pound is perception that the Bank of England's MPC will be increasing rates before the end of the year. Higher than expected inflation readings, plus today, a better-than-expected report on September's manufacturing orders, have given a wink and nod to Sterling bulls. Today's manufacturing report at -5 represents a 21-month high and a sizable improvement from August's -8. forecast. Read More....