U.K. Pound Posts Weekly Advance as Traders Pare Rate-Cut Wagers

Story date: 2008-02-16 12:21:00
Added on: 2008-02-16 17:49:25

Bloomberg - Feb. 16 (Bloomberg) -- The pound had its first weekly advance against the dollar since January on speculation accelerating inflation will prevent the Bank of England from cutting interest rates. Gilts also posted their first decline in three weeks as ...


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