News

Battered Pound 'Down but not out'

February 22, 2013 at 11:10 AM

 

  • Sterling drags itself off the floor to print decent gains over the majors
  • UK borrowing data comes in better than expected to help the pound
  • Dollar posts gains as more QE in US looks more unlikely
  • JP Morgan expect ECB to cut interest rates after forecasting no move

 

Tags: Euro pound