Rate Hike in Australia and More Concerns About Greek Debt

April 6, 2010

The dollar jumped 0.9% against sterling and 0.6% against the euro and Swissy.  Sterling was hurt by an ICM poll giving the Tories only a 4 percentage point lead over Labour, thus suggesting a hung parliament after spring elections.  Signs of unraveling in contingency plans to involve the IMF with EU countries in a bailout [...]

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