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View Full Version : Pound Retreats From 22-Month High Versus Euro Before PMI - Bloomberg



NewsWhore
05-01-2012, 05:20 AM
Pound Retreats From 22-Month High Versus Euro Before PMI (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE4m0up1IRPblpbermf5JidirJpFQ&url=http://www.bloomberg.com/news/2012-05-01/pound-retreats-from-22-month-high-versus-euro-before-pmi.html)
Bloomberg
“The PMI data clearly weighed on sterling,” said Jane Foley, a senior currency strategist at Rabobank International in London. “There's some clear profit-taking in sterling, as it's come a long way against both the euro and dollar.

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