Derrick Says U.K. to Redouble Austerity on Rating Threat

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Feb. 14 (Bloomberg) -- Simon Derrick, chief currency strategist at Bank of New York Mellon Corp., discusses the threat to the U.K.'s top Aaa rating by Moody's Investors Service and the outlook for the euro and pound. He speaks with Caroline Hyde on Bloomberg Television's "First Look." (Source: Bloomberg)

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