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Will UK Inflation Data Prevent GBP/USD From Breaking Below 1.95?

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 12, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    With oil and other commodity prices rocketing to record highs, there are well-warranted concerns that global inflation will rise significantly. The prospect of increased price pressures only compounds the problems that the Bank of England already faces as they contend with mounting downside risks to growth and uncertainty surrounding the...

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