
Secondly, there were signs of interest in buying beaten and crushed peripheral bond markets, which helped the euro. And thirdly, it seems that the reserve managers in forex continue to buy currencies such as euro falls. At Sterling was another stellar day, raise it to 1.59, and forced a pair of EUR / GBP 0.87 almost touch. Good data from the CBI has also helped, as well as buying at the end of the month.