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GBP Falls after the Release of UK 2009 Budget

Discussion in 'Fundamental Analysis' started by ActionForex.com, Apr 22, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    With no major US economic data due today uncertainty about US bank stress tests and risk aversion sparked early demand for USD and JPY. USD and JPY pared gains tracking a midday rebound in equities. Worse then expected earnings from Morgan Stanley sparked selling of stocks and safe haven demand...

    complete article here...

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