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View Full Version : Pound Weakens on Bets Bank of England to Lower Growth Forecasts in Report - Bloomberg



NewsWhore
05-10-2011, 08:23 AM
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Pound Weakens on Bets Bank of England to Lower Growth Forecasts in Report (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFGusAlSQ-8b5xMWmY2bwSwpzYBlg&url=http://www.bloomberg.com/news/2011-05-10/pound-gains-versus-euro-retail-sales-surge-most-in-five-years-on-wedding.html)
Bloomberg
The currency depreciated even as data today showed UK retail sales jumped and house prices climbed. “The economic picture in the UK is still mixed and today&#39;s data isn&#39;t going to change the Bank of England&#39;s stance on rates,” said Derek Halpenny, ...

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