Sterling Digest: December 14, 2011

• faithmight
• December 14th, 2011

The euro sinks to its lowest levels versus the Great British pound ($EURGBP) since February of this year as the single currency sells off across the board. Yesterday’s euro selloff was quite vicious before and after the anticipated FOMC rate decision.

• Dollar Soars vs. All Major Currencies Following FOMC No Hint of QE3; Looking Ahead, What’s Next? (Mish’s Global Economic Trend Analysis)
• 2012 jobs market on ‘knife-edge’ (The Telegraph) [actual UK jobs report released today]
• Barroso’s Failed Attempt To Single Out Cameron (Open Europe Blog)
• After David Cameron’s EU treaty veto: seven key questions Britain must face (The Guardian)
• UK faces £30bn EU bailout bill (The Guardian)
• EU, without Britain, sees fiscal treaty by March (Reuters)
• December 2011 FOMC Statement Markup (ETF Prophet)

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Tickers: EURGBP, FXB

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