United Kingdom Jan NIESR GDP Estimate (3M) up to 0% vs -0.3% (Dec)
Feb 7, 2013
Forex Flash: Liquidity preference for GBP has increased – UBS
One of the benefits of being a liquid, reserve currency is that they also easily become an international transaction currency, used in finance and commerce. The dominant role of the dollar in trade invoicing is well documented, however the sterling holds its own when it comes to being a financial transaction currency.