QE on ice as UK fears fester

Tue, 09 Mar 10 09:57 am

Phrases such as ‘better the devil you know’ and ‘the lesser of two evils’ may have been scribbled in the tattered moleskin diaries of a few sterling traders last week. Keeping that theme in mind, an eternity in flames may have provided a more favorable option to those expected to vote this summer, as the British public seem well and truly stumped, which could result in a hung Parliament – which doesn’t bode well for sterling.