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Wednesday, September 27, 2006

British Pound Soft Following The Revision Of The Q2 GDP

This morning currency markets are largely unchanged, with the exception of the British Pound, which is softish following a downward revision to Q2 GDP. In terms of early U.S. data, durable goods orders were down 0.5% in August, which given the volatile nature of this figure, is not particularly alarming. Read More....