Market Currents
Sterling roars back from an early slide following news the U.K. economy reentered recession in...
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Wednesday, April 25, 2012, 4:00 PM ETSterling roars back from an early slide following news the U.K. economy reentered recession in Q1, now +0.2% for the day. The pound has had a big 2012, rallying hard against the greenback and lately against the euro as well. Pawel Morski notes the U.K. economy has performed worse post-2008 than it did post-Great Depression. Is sterling set for a fall?
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