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View Full Version : Pound Climbs Most in Week as Asset-Purchase Plans Spurs Economy Optimism - Bloomberg



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10-07-2011, 11:00 AM
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Pound Climbs Most in Week as Asset-Purchase Plans Spurs Economy Optimism (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFWe7LTpTrVtK6_bUqzZBW8g4jn9Q&url=http://www.bloomberg.com/news/2011-10-07/pound-climbs-most-in-week-as-asset-purchase-plans-spurs-economy-optimism.html)
Bloomberg
The UK currency rallied even after Moody&#39;s Investors Service downgraded 12 British financial institutions. Gilts declined. “It does appear that UK authorities are taking a proactive position,” said Jane Foley, a senior currency strategist at Rabobank ...

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