UK Debt Warning, BOE Policy Decision Thursday

Tuesday GBP traded 1% lower versus the USD and 0.5% lower versus the EUR pressured by Moody’s warning of the threat of a downgrade of UK debt rating and fears of UK bank exposure to the Dubai World debt. Moody’s said that the UK may lose its AAA sovereign debt…

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UK Debt Warning, BOE Policy Decision Thursday

Tags: dubai, EUR, gbp, moody, threat, usd

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