Thread: The POUND is at 1.39 right now
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Old 01-20-2009, 08:34 AM  
DamageX
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Quote:
Originally Posted by marketsmart View Post
the dollar gaining ground means the pound going down..
The USD is getting stronger against all currencies, while the GBP is getting weaker against the same. Your statement wouldn't hold true if both were getting stronger against all currencies.
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