British Pound Rallies More Than 300 Points Despite Heavy Downside Risks for UK Economy

British Pound Rallies More Than 300 Points Despite Heavy Downside Risks for UK Economy

Published by InformedTrades
09-22-2008

British Pound Rallies More Than 300 Points Despite Heavy Downside Risks for UK Economy

British Pound Rallies More Than 300 Points Despite Heavy Downside Risks for UK Economy

Credit Suisse overnight index swaps may be pricing in just over 75bps worth of rate cuts by the Bank of England over the next 12 months, but given its...

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