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Tuesday, January 16, 2007

After All the Recent Euro Talk, British Takes Center Stage

British Pound: The British Pound is coming off a very strong week fueled by a surprise rate hike by the Bank of England, leading the foreign currencies in early trading. That rate hike, coupled with indicators showing a strong expected economic growth rate, has helped fuel the bull market for the Sterling, which is trading at its highest levels in fourteen years. Read More.....