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View Full Version : Pound Weakens Against Euro on Speculation of Slower Rate Hikes - Bloomberg



NewsWhore
03-19-2011, 05:10 AM
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Pound Weakens Against Euro on Speculation of Slower Rate Hikes (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHwQjmfnKdQPUYMeGk9897S7W5-kg&url=http://www.bloomberg.com/news/2011-03-19/pound-weakens-against-euro-on-speculation-of-slower-rate-hikes.html)
Bloomberg
â??Over the course of the past month yields have been heading lower, and you&#39;ve seen the short sterling contracts creeping steadily higher over the same period,â?? said Simon Derrick, chief currency strategist at Bank of New York Mellon Corp. in London. ...

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