The Sterling broke for the fourth consecutive day since topping at 1.6179 after the World Bank cut its global growth forecast for 2013. Investors are now pricing in the possibility of additional stimulus which tends to weaken the currency. Continue Reading...
Thursday, January 17, 2013
British Pound Weakens on World Bank Downgrade
The Sterling broke for the fourth consecutive day since topping at 1.6179 after the World Bank cut its global growth forecast for 2013. Investors are now pricing in the possibility of additional stimulus which tends to weaken the currency. Continue Reading...
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