Pound’s recent drop against Euro and Dollar heads for further weekly decline
January 23, 2009 by admin · Leave a Comment
Thursday was a generally calm day as traders appeared to become weary of hearing the constant barrage of bad new and economic data.
Asia showed that it is very much a part of the global problem with South Korea announcing a 5.6% contraction, the Bank of Japan forecast 2 years of deflation and there were rumors that the IMF is on the brink of downgrading Australia ’s growth outlook…
