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Currency Update GBP/AUD - Week ending 22nd Oct       started by HiFX on 26 Oct 2010   (23187)
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From HiFX

26 Oct 2010 10:33 PM
In the UK last week the highlight was the announcement of the spending cuts, which went pretty much to plan, considering expectations had been so well managed in the lead up to it. On top of this we saw a 3-way vote at the last Bank of England meeting with Posen and Sentance the outliers, with the former voting for another