CAR INSURANCE The Pound Leapt Over The Qatar Investment Reports

Monexnews-Pound strengthened for the third day against the euro on speculation that Qatar will invest in infrastructure projects, such speculation leads to increasing demand for sterling as the United Kingdom Government faces call for the existence of the policy in the annual budget to boost economic growth. CAR INSURANCE
Sterling rose against most major currencies. Officials of the United Kingdom and Minister of Qatar have held talks on a potential projects, reported by the Financial Times on this day without saying where they got the information.
Reports about Qatar "which meyebabkan investors cut short positions in sterling," said Neil Jones, analyst at Mizuho Corporate Bank Ltd. in London. Sterling "could be headed to $ 1.5050 area but overall still in the bearish trends."
(fsyl)


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Title Post: CAR INSURANCE The Pound Leapt Over The Qatar Investment Reports
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