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View Full Version : Pound Drops to Seven-Week Low Against Euro on UK Unemployment - Bloomberg



NewsWhore
03-18-2009, 09:51 AM
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Pound Drops to Seven-Week Low Against Euro on UK Unemployment (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DaaUUnPddm.Rk%26refer%3Duk&cid=1316307380&ei=M-_ASZ2zFpqilQSpvMjxCQ&usg=AFQjCNEWhlU5vlaLvsxY2b6eqjkpDiZZ-A)
Bloomberg
“It’s catastrophic,” said Russell Jones, head of fixed- income and currency research in London at RBC Capital Markets, a unit of Canada’s largest bank. “The labor market data will dominate trading, and we’ll end up with a weak tone for sterling. ...


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