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|  | | August 06, 2008 | | Currency trading with the sterling | The UK pound continues its fall today in FX trading on the currency market. Currency trading with the sterling should consider that the British economy is slowing down at a rapid pace as overstretched consumers become a very real issue.
Some predictions are that the UK pound could fall below $1.93 in FX trading in the coming weeks, setting the sterling up for a "very hard landing" according to Bloomberg.
| Topic Tags: British economy, currency market, currency trading, currency trading sterling, FX trading, FX trading currency market, UK pound FX trading | |
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