Pound Slides on BOE Kings Comments
Tuesday - November 9th, 2009
Recap: The Pound fell in todays trading as Bank of England Governor Mervyn King said that the Monetary Policy Committee has a completely open mind as to whether we would do more asset purchases. That went counter to market expectations and pressured the Pound. The greenback managed to gain on the Euro, though it slid against the Canadian Dollar and the Australian Dollar hit a new 2009 high.
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