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View Full Version : Pound Climbs to 7-Month High as Consumer Confidence Rises - Bloomberg



NewsWhore
04-26-2012, 06:40 AM
Pound Climbs to 7-Month High as Consumer Confidence Rises (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGmiyTjIms91ufadPjt2R0v7LqtqA&url=http://www.bloomberg.com/news/2012-04-26/pound-climbs-to-7-month-high-as-consumer-confidence-rises.html)
Bloomberg
The UK currency's strength stems from “the market moving to reduce further expectations of QE from the BOE so yield spreads were moving in the pound's favor,” said Lee Hardman, a foreign-exchange strategist at Bank of Tokyo-Mitsubishi UFJ Ltd. in ...

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