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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:

GBP

Discuss GBP
 
redstone
bristol, UK
Posted Anonymously
13 years ago
Nov 10, 2010 17:08
GBP will carry on crawling up till q1 2011 when due to vat inc etc and austerity measures King finally buckles and goes for a small amount of qe2. then a slight drawback. then cable to target 185 by summer.
DaveO
UK
Posted Anonymously
13 years ago
Nov 10, 2010 13:51
There are so many risks globally who would want to be in King's position and quite rightly he refuses to predict. All they can do is to react on a month by month basis. At least Mervyn King is refreshingly honest but there are some things he simply cannot say for fear of undermining the UK tenuous position.
Gunjack
London, UK
Posts: 1184
13 years ago
Nov 10, 2010 12:49
@redstone though mervyn admits we could be de-railed by problems elsewhere...exports looking quite weak, and domestic consumers to tighten belts in coming months with VAT hike, higher food and energy bills and potential fall in house prices...poss last hurrah for GBP this yr me thinks
redstone
bristol, UK
Posted Anonymously
13 years ago
Nov 10, 2010 12:47
no imm qe2. economy on track. GBP slowly moving up again
redstone
bristol, UK
Posted Anonymously
13 years ago
Nov 10, 2010 8:36
only a couple of hours to go. GBP on hold in the fx markets at the moment
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Nov 10, 2010 0:32
EURGBP Weekly looking very sluggish again after the spectac failure at 0.8920. Watch Bank of ENgland report. Any unexpected hawkishness from report and King later on could intensify the move


Ashraf
said
mulhouse, France
Posts: 2822
13 years ago
Nov 9, 2010 21:39
redstone
bristol, UK
Posted Anonymously
13 years ago
Nov 9, 2010 6:55
boe coughing up info today i believe. cable could move back up to 163
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Nov 8, 2010 18:49
IMF been unloading gold I believe. Doesn't seem to have much effect on gold price action :-)
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Nov 7, 2010 16:22
Lucky
no the FED has no gold to sell but US treasury could sell gold.
Anyway I do NOT bet on falling USD