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View Full Version : Pound Strengthens Before U.K. Inflation Data; Gilts Advance - Bloomberg



NewsWhore
10-18-2011, 05:00 AM
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Pound Strengthens Before U.K. Inflation Data; Gilts Advance (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFfapGymCfu_rODGaXxCD3vpwFEWQ&url=http://www.bloomberg.com/news/2011-10-18/pound-strengthens-before-u-k-inflation-data-gilts-advance.html)
Bloomberg
“People will assume that it might arrest or stem the hand of the Bank of England in terms of more QE,” boosting the currency. The pound strengthened 0.3 percent to 86.98 pence per euro at 8:56 am London time. Sterling appreciated 0.2 percent to $1.5770 ...

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