Sterling roars back from an early slide following news the U.K. economy reentered recession in...

|By:, SA News Editor

Sterling 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?