PDA

View Full Version : UK Pound May Gain on View ECB to Buy Debt, UBS Says - Bloomberg



NewsWhore
04-06-2009, 03:10 AM
<img alt="" height="1" width="1">
UK Pound May Gain on View ECB to Buy Debt, UBS Says (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DaohszVw0XO6s%26refer%3Duk&cid=0&ei=OKzZSfv-NIKmM6-SraAG&usg=AFQjCNEb9orsXa2ejgQIXJD8G9mCpF-XWQ)
Bloomberg
“The possibility of unconventional measures by the ECB will help sterling erase its post-QE losses and push euro-pound back to fair-value range between 0.85 and 0.90,” currency analysts in Singapore at UBS wrote in a note today. ...


More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DaohszVw0XO6s%26refer%3Duk&cid=0&ei=OKzZSfv-NIKmM6-SraAG&usg=AFQjCNEb9orsXa2ejgQIXJD8G9mCpF-XWQ)