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View Full Version : Pound Declines After Bank of England Boosts Asset Purchases - Bloomberg



NewsWhore
05-07-2009, 11:40 AM
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Pound Declines After Bank of England Boosts Asset Purchases (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3Da.gMUM_0pYGc%26refer%3Duk&cid=1346242827&ei=3vQCSuXaPNPokAWgm72pDw&usg=AFQjCNEbcwBojOcICZJdixMMU8EFcriIYw)
Bloomberg - Lukanyo Mnyanda (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Lukanyo Mnyanda%22&hl=en&ned=us&ie=ISO-8859-1)
“The Bank of England&#39;s move today was a surprise for sterling,” said Simon Derrick, chief currency strategist at Bank of New York Mellon Corp. in London. The pound declined as much as 1.4 percent to 89.34 pence per euro before trading at 89.24 pence at ...


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