Thursday, February 25, 2010

When are the figures to confirm our “Recovery” due?

Sterling hits 9-mth low vs dollar on weak UK data

"Sterling hit a nine-month low against the dollar on Thursday on weak UK data and concerns the Bank of England could expand quantitative easing. Sterling was hit in tandem with other perceived riskier currencies as worries about Greece's high indebtedness and weak U.S. jobless claims data encouraged investors to cut risk exposure, prompting flows into the dollar and the yen".

Posted by alan @ 09:32 PM (1033 views)
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2 thoughts on “When are the figures to confirm our “Recovery” due?

  • Tomorrow. Was 9-30am last time.

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  • The brown stuff is about to hit the fan.

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