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Re: a new kid in the block



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Tin, RTs,

> I went long Pound not because of strong BP.  I expect US dollar continues to
> weaken due to the stock market problems.

BP seems to have been sustained by high interest rates: the lower than expeceted FED's 
cut might have weakened BP.
Furthermore, UK economy is slowing with exports falling: both premises for the Bank of 
England to cut interest rates...

All in all, BP fundamentals should be weakening.

Alberto Torchio
 Torino, Italy