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Sterling Sell-Off Continues Unabatedly

Discussion in 'Fundamental Analysis' started by ActionForex.com, Oct 13, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    In thin market conditions and technical trading, EUR/USD reversed Friday's losses. The dollar showed somewhat more resilience against the yen. Once again, the most violent moves occurred in the sterling cross rates. Investors concluding that the BoE might be a laggard in removing policy stimulation reinforced the sterling negative sentiment.

    complete article here...

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