Let’s Call the Whole Thing Off!
February 06, 2009 at 10:29 AM EST
To quote Hannibal from the A-Team: “I love it when a plan comes together.” Although the outcome from yesterday’s European policy announcements was not particularly surprising- 50 bps from the BOE, nowt from the ECB with a heads-up on 50 next month- the market outcome was gratifying. Sterling roared against the euro and particularly the CHF; if [...]
