EUR/GBP: Headed to 90 Cents?
December 08, 2008 at 14:25 PM EST
EUR/GBP hit a record high of 0.8740 today. The currency pair has been on a tear, which is not much of a surprise given the Bank of England’s aggressive interest rate cuts. The European Central Bank has not even cut rates by half of the amount that the Bank of England has cut since the [...]
