14.05.2012 - Pound favored as haven currency amid Europe debt crisis
The British pound has become currency traders’ favorite refuge from the resurgent European debt crisis, threatening efforts by U.K. Prime Minister David Cameron to lift the economy out of its second recession in three years. Sterling has climbed 3.4 percent this year, the most among 10 developed-market peers, data compiled by Bloomberg show...............................................Full Article: Source
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