Second Quarter GDP will Highlight Fragility of British Economy, Hurt GBP – DailyFX

August 17, 2012
By

Second Quarter GDP will Highlight Fragility of British Economy, Hurt GBP
DailyFX
Of the three currencies that outperformed the British Pound, the Euro, the Swiss Franc, and the Canadian Dollar, gains against the Sterling were capped by no more than +0.16%. When comparing the Sterling to the worst performing majors, the ... Yet despite this, we believe that the British Pound has a bearish fundamental outlook for the coming week, as it will become more evident that additional stimulus measures will be necessary in the coming months. Overall, the data flow out of the British economy is very light ...

and more »

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Posts

Archives


Fatal error: Allowed memory size of 67108864 bytes exhausted (tried to allocate 1048576 bytes) in /home/content/95/5304395/html/dollarhedging_ca/wp-includes/post.php on line 395