The pound is moving on dour comments from BoE Governor King, who tells BBC there is no sign of...

|By:, SA News Editor

The pound is moving on dour comments from BoE Governor King, who tells BBC there is no sign of an impending recovery in the U.K. He blames the EU crisis for causing a "great black cloud" of uncertainty. Last week, the BoE added to its QE program. Cable gives up session gains, now -0.1% at $1.5509.