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View Full Version : Pound Falls as U.K. Home Sellers Cut Asking Prices in December - Bloomberg



NewsWhore
12-19-2011, 12:50 PM
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Pound Falls as U.K. Home Sellers Cut Asking Prices in December (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGd8mOMMva3lqB46Z8GZZV5DpYdfQ&url=http://www.bloomberg.com/news/2011-12-19/pound-falls-as-u-k-home-sellers-cut-asking-prices-in-december.html)
Bloomberg
“Consumers who have found their incomes squeezed are also wary about the future, so in that context the background for sterling is relatively challenging,” said Jeremy Stretch, head of currency strategy at Canadian Imperial Bank of Commerce in London. ...

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