CurrencyShares British Pound Sterling Trust

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currencyshares british pound sterling trust and finance - All News and Analysis

• British Pound Crashes to New Lows as the Economic Crisis Deepens

  Seeking Alpha - 2008-11-14

  The foreign exchange markets are witnessing heavy and sustained selling of sterling which continues following the Bank of England's inflation report and statement on the economy. The British Pound has fallen below £/$1.50 to currently stand at 149.12, and to a new low against the Euro of 119. The fast...

  Tags: Interest Rate, Bank Of England, Seeking Alpha, Foreign-exchange Market, British Pound, Currency & Foreign Exchange, Financial Planning, Financial Services, Finance, Nadeem Walayat, CurrencyShares British Pound Sterling Trust, US Market

• Could Recession Turn the UK into the Next Japan?

  Seeking Alpha - 2008-11-12

  Kathy Lien submits: When the Bank of England cut interest rates by 150bp last week, I turned aggressively bullish EUR/GBP on the belief that interest rates are headed below 2%. The currency pair has now hit a record high as the market realizes that not only will UK...

  Tags: Recession, Interest Rate, Bank Of England, Seeking Alpha, Kathy Lien, Financial Planning, Financial Services, Finance, CurrencyShares British Pound Sterling Trust

• ECB Offers More Money at Cheaper Prices

  Seeking Alpha - 2008-11-06

  The Prudent Investor submits: Taking advantage of lower commodity and energy prices while facing economic headwinds from a contraction in retail sales, the European Central Bank (ECB) lowered its key refinancing rate another 50 basis points to 3.25%, meeting market expectations. The deposit facility rate was brought...

  Tags: Basis, Seeking Alpha, Prudent Investor, Currency & Foreign Exchange, Sales Strategy, Financial Planning, Financial Services, Finance, Sales, The Prudent Investor, CurrencyShares British Pound Sterling Trust, CurrencyShares Euro Trust