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View Full Version : Pound Falls to 15-Month Low as Faltering Economy Curbs Rate Bets - Bloomberg



NewsWhore
07-02-2011, 03:11 AM
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Pound Falls to 15-Month Low as Faltering Economy Curbs Rate Bets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEvleuCnjlEdjIkIefTYAPVAPdlXg&url=http://www.bloomberg.com/news/2011-07-02/pound-falls-to-15-month-low-as-faltering-economy-curbs-rate-bets.html)
Bloomberg
Against Japan&#39;s currency, the pound added 1.2 percent to 129.87 yen. Worsening economic growth has prompted traders to reduce bets on higher rates, with the implied yield on short-sterling futures expiring in March falling to 1.03 percent, ...

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