Archived IMT (2009.03.09)
GBP DAMAGE unfolds across the board, further triggering the rally in EURGBP past the 91-pence level (now eyeing 91.70s), followed by 92.20s. Cable selling in line with todays published Hot-Chart (access via password not email). CAD selling also intensifies as USDCAD breaks above 1.3040 (see latest article about loonie targeting 1.34) and further gains seen amid this weeks flurry of potentially negative CAD figures (trade figures and employment).
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