05.03.2009 - British pound is poised to decline gain
From IHT: As the British government prepares to unleash a flood of cash in a bid to restart the economy, the pound may stagger to lows against the dollar not seen for a quarter-century. The pound has remained resilient in recent weeks but fresh economic headwinds are dictating a new decline against a broadly bullish dollar. The catalyst for that may come when the Bank of England embarks on unconventional measures to keep borrowing costs low..... Full Article: Source