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US Dollar, Japanese Yen Remain in Favor, British Pound Faces Downside Risks on Wednesday - Why? (Forex Video)

Tuesday, 11 November 2008 22:06:53 GMT

Written by Terri Belkas, Currency Strategist

US dollar and Japanese yen remain in favor amidst risk aversion, the British pound faces heavy event risk from the BOE's Quarterly Inflation Report.

Stories to watch on DailyFX

·          British pound could fall significantly on Wednesday - why?
·          See the DailyFX Analysts' Euro and British pound trading ideas.

Send any comments or questions to tbelkas@dailyfx.com. 

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