Wednesday, January 11, 2006

Sterling hits choppy seas


Sterling fell sharply ... on Wednesday as the UK’s goods trade deficit ballooned to a record £6bn in November, far in excess of consensus expectations for a gap of £4.9bn.

That's a biiig miss on the expectations... EU trading is up, so wonder why everyone else has stopped buying our stuff... Maybe people are wary of the dollar's future, aren't spending quite so much? hmm.

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