posted byrangesnet 1244 days ago
in USD, EUR, GBPmade popular 1242 days ago
The Pound pared earlier gains dropping over 100 points, as the outlook for consumer spending took a significant blow. A Guardian/ICM poll said 86% of Britons will make spending cutbacks in 2009. Additionally, 43% of firms polled by the British Chamber of Commerce plan to freeze wages and salaries in 2009, which has lowered expectations for...