Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a646652

Pound heads towards year high against dollar

by Chris Marshall on Dec 19, 2012 at 09:06

The fear of a return to recession that could force the Bank of England to begin buying government bonds again led a majority of analysts polled by Reuters to say the pound will weaken slightly against the dollar in the coming year.

And Goldman Sachs reminded clients in a note this week that the Bank of England favours a weaker currency – to help Britain’s struggling exporters – and would use monetary policy to ease financial conditions.

Sign in / register to view full article on one page

1 comment so far. Why not have your say?

Thomas Scrase

Dec 19, 2012 at 11:10

Riding for a fall. methinks

report this

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Long time coming: is the recovery here to stay?


Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.

Today's top headlines

More about this:

Archive

On the road

Click here to find out more from the Audience Development team.

Read more...

SJP soft-closes Asante and Wood funds

by Robert St George on Apr 23, 2014 at 15:28

Sorry, this link is not
quite ready yet