Pound Strengthens From Fresh 2-month Low Against Dollar
May 18 2012 - 3:26AM
RTTF2
The pound that reached a fresh 2-month low of 1.5735 against its
US counterpart in Asian deals on Friday erased some of its losses
to reach a high of 1.5784 around 3:25 am ET. If the cable
strengthens further, it may find target around the 1.58 level in
the near-term.
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