Intraday Market Thoughts

Archived IMT (2008.09.24)

by Ashraf Laidi
Sep 24, 2008 22:04

BANK OF ENGLAND MPC member Andrew Sentance says UK economy could contract in H2 2008 but does not suggest rate cut is key as his ultra dovish colleague Blanchflower has consistently indicated throughout the year. GBP continues to weaken vs USD due to USD strngth and not GBP weakness.


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