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British Pound Gains for Third Day Despite Recessionary Fears

Talking Points
• Japanese Yen: Breaks Below 102.00 as Stocks Tumble Lower
• Pound: Spikes Above 1.75 Despite Mounting Job Losses
• Euro: Upside Inflation Risks Subside
• US Dollar: Retail Sales and PPI on Tap – Chairman Bernanke to Speak at 12:15 EST
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