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Forex traders may be interested to note, however, that it has remained at a 30-month high following continued optimism for a bright 2011 outlook from investors, Reuters reports.
The information outlet noted financial bookmakers will have witnessed the blue-chip index shedding 0.1 per cent lower today after closing at 5,951.80 following a gain of one per cent - taking it to its highest finish since June 2008.
It reported US stocks picked up on Tuesday after considerable earnings coupled with significant merger activity helped contribute to an already upward trend.
And the news agency explained house prices could be set to dip in 2011 by around two per cent - a decline that could be made deeper if spending cuts imposed by the government do little to aid recovery.
Forex traders yesterday will have seen the FTSE 100 keep firmly high to climb above the 5,900 level, as reported by Stockmarketwire.com.
Posted by Clive Arneil
