The Sterling is slightly weaker against the Euro in the early part of the Asian trading day, as reports over the weekend from the UK and a stronger USD are hurting the Pound. The UK’s Chancellor Darling is set to take on public sector employees to restrict pay in order to help reduce public debt. He added that the recession has been deeper than first thought when the spring budget was being put into place. Also, the UK’s Shadow Monetary Policy Committee voted unanimously to leave the rate unchan

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