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Cable Collapses to 7.5 Year Low

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 20, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    More broad based USD gains overnight with an acceleration in the flight to safety trade on rising concerns over the stability of the overseas markets highlighted by the disastrous performance in the UK markets. The surprisingly firmer than expected UK inflation data (+3.1% versus +2.7% consensus) did little to prop...

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