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Market Moving News: GBP/USD - Jul 18

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18 July 2008 @ 12:36 am EST
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Gbp/usd - 1.9979...Cable fell to 1.9943 due to the FT report regarding a proposed change to fiscal rules by the U.K. Treasury b4 recovering on bids fm sovereign names (who were also seen buying euro). Fresh offers are reported at 2.0000 n also 2.0020 while on the downside, stops are tipped further out below the 1.9900 lvl...

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