April 07, 2011
Market Morning Briefing
Strong rise in the Pound (1.6328) yesterday from a low near 1.6090 after much better than expected UK PMI data. The rise continues, but could top off near 1.64 before the BOE Meeting on Thursday. The Euro (1.4260) is also strong, in line with our expectation, having recovered well from the fall to 1.4150 yesterday.
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