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01/23/09 – Daily Forex Market News from cmsfx.com

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Week Ends with Falling Pound as GDP Data Undershoots Weak Forecast
Friday, January 23rd, 2009
Recap: The UK economy contracts by 1.5% in the 4th quarter, which undershot expectations, and pressured the Pound in today’s trading. The Pound fell to a 23-year low vs the Dollar and a new record low against the Yen.

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Newscaster: Nick Nasad

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