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View Full Version : Pound Gains Against Dollar, Euro on Bets Sell-Off Was Overdone - Bloomberg



NewsWhore
06-27-2011, 05:50 AM
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Pound Gains Against Dollar, Euro on Bets Sell-Off Was Overdone (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG37ycduqPiIvlDEbE4W_2uezkLBA&url=http://www.bloomberg.com/news/2011-06-27/pound-gains-against-dollar-euro-on-bets-sell-off-was-overdone.html)
Bloomberg
“Sterling weakness looks a bit overdone on the basis of the latest news,” said Adrian Schmidt, a currency strategist at Lloyds Bank Corporate Markets in London. “The market doesn&#39;t expect the first rate hike to take place perhaps until August, ...

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