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Where are Worldwide Rates heading ? - LIBORS
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09:36 21Jan10 IGBP/USD: Extends South After UK M4 Money Supply Shock
London, January 21.
Cable has fallen to a fresh 8-day low of 1.6162 on the back of the disclosure
that UK M4 broad money supply fell by 1.1% last month. A 0.9% increase was
expected, to follow a 0.1% rise in November. The disappointing number is bad newsfor hawks calling for a Spring/Summer Bank Rate hike. Bank Rate has been at 0.5%since last March.Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0
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