By
iForex |
Technical Analysis | Jan 28, 2011 11:11AM GMT |
The Pound Sterling was another surprise performer yesterday as negative reports indicated a slow down in the housing market. The Hometrack Housing Survey issued a report wherein it stated that the value of homes dropped drastically by -0.5 percent in January. The year-on-year stats were worse, indicating a dip of -2.2 percent. In addition, CBI numbers also revealed a reduction in sales.
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