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Analysts Comments

Peter Rosentreich, chief market analyst at ACM

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04 July 2008 @ 05:35 am EST
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ACM - "We will however be watching the UK and Gbp for selling opportunities. While the recent trading pattern of Gbp strength has been based on the markets renewed focus on inflation over growth we expect given the rapid decline of the domestic economy an eventual shift will occur. We expect a choppy move back to the 1.9300 lvls mid term."

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