Friday, February 1, 2013

EES: Is the drop in the pound sustainable


Today the Great British Pound (FXB) dropped against all other currencies, as much as 1.8% against the Euro.
The pound slumped the most in more than two years against the euro after an industry report showed U.K. manufacturing grew less in January than economists forecast, sapping demand for Britain's currency as a haven.
 http://seekingalpha.com/article/1151571-is-the-drop-in-the-pound-sustainable