Monday, March 28, 2011

Snaptu: Forex: British Pound To Face Economic Headwinds, U.S. Personal Spending Tops Forecast

 

The British Pound pared the overnight decline to 1.5936 as Bank of England board member Andrew Sentance held a hawkish outlook for monetary policy, but the rebound in the exchange rate could be short-lived as the MPC looks to preserve its…


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