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Sterling Digest: February 6, 2012


Double dip recession and co

There is a whole Tumblr dedicated to captioning the UK Prime Minister. Hilarious.

It is a very light week out of the UK with the all the notable news released this week on Thursday. With more QE3 looming, $GBPUSD looks to unwind and correct its recent rally heading into the Bank of England announcement on Thursday. With the $GBPAUD at new all-time lows, tomorrow’s Reserve Bank of Australia will move this currency pair before the BoE has its way.

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