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ActionForex Reports - Mid-Day Report: Sterling Still the Biggest Loser after Worse than Expected GDP Contraction
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post Jan 22 2009, 09:44 PM
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The overall themes in the forex markets are unchanged, with Sterling's weakness being the main focus, in particular after deeper than expected contraction in UK GDP in 4Q. GBP/JPY and GBP/USD have fallen -2.6% and -2.1% today and are having cumulative loss of -11% and -8.5% respectively this week. Yen...

http://www.actionforex.com/action-insight/...-2009012376139/
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