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View Full Version : Pound Declines, Gilts Gain on Signs UK Recovery Is Stalling - Bloomberg



NewsWhore
02-26-2011, 02:40 AM
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Pound Declines, Gilts Gain on Signs UK Recovery Is Stalling (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEXpAfOaR1k9vv_kQGt6fEKjqsexA&url=http://www.bloomberg.com/news/2011-02-26/pound-declines-gilts-gain-on-signs-u-k-recovery-is-stalling.html)
Bloomberg
â??We believe the oil price-induced weakening of global growth will increase the risk premium of sterling-denominated assets,â?? said Ian Stannard, a senior currency strategist at BNP Paribas SA in London. â??The euro will remain bid against the pound, ...

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