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Sterling remains well offered

By   || August 27, 2009 at 13:49 GMT
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Cable is coming under pressure again as Stocks slump and the general risk on trade loses momentum. Adding to that is a lot of speculation regarding flows from the possible link up of Diageo and LVMH’s Moet Hennessy, which you can read about here.  Currently at 1.6175, bids are at 1.6150/60, yesterday’s lows.

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