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Currency Trading Market Moves

Filed under: Announcements, Internet, I Want My Free Site — Money Matters on Monday, October 19th, 2009 at 6:49 am

The GBP/JPY pair started moving up as he was speaking. (This means the British pound rose in value versus the Japanese yen.) At some stage, as the recovery proceeds, the Monetary Policy Committee will need to gradually remove the large monetary stimulus that we have imparted into the economy, otherwise we will be in danger of overshooting our 2% inflation target.

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