USD Takes Full Advantage Of Worn-Out British Pound

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03-02-2010, 09:21 AM

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USD Takes Full Advantage Of Worn-Out British Pound

The pound dropped for a sixth day versus the dollar amid concerns political uncertainties will hamper efforts to reduce the U.K.�s debt. The currency weakened against 15 out of 16 most-active counterparts after polls showed Britain may have its first minority government since 1974 and ahead of a report forecast...

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