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Sterling trading close to 6 month low against the Euro Last Thursday, however it continued to take advantage of an underlying dollar weakness. Sterling has slumped to a record low against the AUD (Australian Dollar) and further struggled to staunch the losses against a number of currencies, all this amidst speculation of a potential double dip and further quantitative easing to possibly cement recovery.

Data released prior confirmed that house prices had stalled compounded by a fall in consumer

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