PDA

View Full Version : UK Pound May Drop as Carry Trades Unwind and Inflation Slows - Bloomberg



NewsWhore
08-13-2007, 03:07 AM
UK Pound May Drop as Carry Trades Unwind and Inflation Slows (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DarmwdfCoW.9s%26refer%3Duk&cid=0&ei=9wLARsiXLYKy0QHC0cS_Dw)
Bloomberg - 12 minutes ago
``The current unwinding could still have a significant way to go,'' said Simon Derrick, chief currency strategist at Bank of New York Mellon Corp. in London ...



More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DarmwdfCoW.9s%26refer%3Duk&cid=0&ei=9wLARsiXLYKy0QHC0cS_Dw)