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Currency news

Caution is the buzz word

The CBI (Confederation of British Industry) commented that the recession will be shorter and less severe than previously expected.

Sterling continues to drive higher.

Has sterling broken the back of recent USD and euro strength witnessed in the last 6 months?

Ronaldo

Ronaldo deal getting more expensive by the moment as pound hits new highs against the euro Christiano Ronaldo’s proposed transfer to Real Madrid was a

GBP/EUR hits new 2009 high

Sterling has again pushed higher on a trade weighted basis as optimism continues to grow on an imminent recovery in the UK.

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