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Kotecha of Calyon Says Pound `Oversold,' Expects Rebound
 Source: Bloomberg
Mitul Kotecha, head of currency strategy at Calyon, talks with Bloomberg's Naga Munchetty from London about the outlook for U.K. interest rates and his forecast for the dollar, pound and yen. U.K. producer prices climbed at the fastest annual pace since at least 1986 in April as raw-material costs jumped, adding to the case for the Bank of England to moderate the pace of interest-rate cuts.
Rating: (0 ratings) Views: 12 Added: May 12, 2008
Category: Business
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