Pound May Fall Vs. Dollar Amid Recession Risk, Credit Agricole Says

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  • Bloomberg Markets and Finance published this video item, entitled “Pound May Fall Vs. Dollar Amid Recession Risk, Credit Agricole Says” – below is their description.

    Jan.06 — The pound is set to weaken against the dollar as the U.K. faces the risk of a double-dip recession and a rate cut by the Bank of England, according to Valentin Marinov, head of G10 FX research and strategy at Credit Agricole. “The current levels in cable are potentially a good level to take profit,” Marinov said on “Bloomberg Markets: European Open.”

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