Sterling Sank Sharply
March 1, 2010
Sterling opened March with a 2.5% drop against the dollar and is 6.4% weaker than on February 1. The greenback otherwise also advanced 0.7% against the Swiss franc, 0.6% versus the euro, 0.5% relative to the yen and kiwi, 0.2% against the Canadian dollar and 0.2% against the Australian dollar. Ten-year bund, gilt, and JGB [...]
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