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Sterling Still Struggling in Currency Trading

August 22nd, 2008 | Category: Forex

U.K. pound losing in forex tradingThe sterling continues to struggle in currency trading on the FX market. With an economy heading toward recession, and inflation still a concern, the U.K. pound is extending its losses to the U.S. dollar and the euro in forex trading.

And while many do not take the concept

of a BOE rate cut seriously for the instant future, there is talk of a essential cut by November, as expanded as things continue in that track.


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Original post by Eric J. Fox

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