Saturday, 30 June 2012

DailyFX - Forex Market News: British Pound Outlook Hinges On BoE Amid Bets For More QE

DailyFX - Forex Market News
Forex Market News
British Pound Outlook Hinges On BoE Amid Bets For More QE
Jun 30th 2012, 02:49

The British Pound pared the decline from earlier this month as the EU Summit propped up market sentiment, but the sterling may struggle to hold its ground next week as market participants see the Bank of England taking additional steps to shield the U.K. economy.

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