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	<title>Propertyline - Overseas Properties</title>
	<link>http://www.propertyline.co.uk/blog</link>
	<description>The home for overseas properties</description>
	<pubDate>Mon, 02 Feb 2009 12:27:13 +0000</pubDate>
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		<title>Massive Sterling Weakness</title>
		<link>http://www.propertyline.co.uk/blog/massive-sterling-weakness/</link>
		<comments>http://www.propertyline.co.uk/blog/massive-sterling-weakness/#comments</comments>
		<pubDate>Mon, 02 Feb 2009 12:26:03 +0000</pubDate>
		<dc:creator>AJA</dc:creator>
		
		<category><![CDATA[Currency Reports]]></category>

		<guid isPermaLink="false">http://www.propertyline.co.uk/blog/massive-sterling-weakness/</guid>
		<description><![CDATA[In this mornings trading, Sterling fell sharply - and by a big margin.
Since the markets opened at 8am, GBPEUR has fallen from 1.14 to just over 1.10. GBPUSD has falled from 1.4430 to 1.40. Sterling fell against every currency we trade.
Could it be the snow?!
Disruption caused by the heavy snowfall could cost UK businesses more [...]]]></description>
		<wfw:commentRss>http://www.propertyline.co.uk/blog/massive-sterling-weakness/feed/</wfw:commentRss>
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		<item>
		<title>Sterling Strength</title>
		<link>http://www.propertyline.co.uk/blog/sterling-strength-2/</link>
		<comments>http://www.propertyline.co.uk/blog/sterling-strength-2/#comments</comments>
		<pubDate>Fri, 30 Jan 2009 09:36:01 +0000</pubDate>
		<dc:creator>AJA</dc:creator>
		
		<category><![CDATA[Currency Reports]]></category>

		<guid isPermaLink="false">http://www.propertyline.co.uk/blog/sterling-strength-2/</guid>
		<description><![CDATA[Sterling has good week.
The pound strengthened to the best levels in some time against the Euro yesterday due to weak Euro Zone data. The EU manufacturing and service industry contracted for an eighth straight month in January while confidence in the EU economic outlook dropped to a new low in December.
“We’re very carefully observing all [...]]]></description>
		<wfw:commentRss>http://www.propertyline.co.uk/blog/sterling-strength-2/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Sterling Gains</title>
		<link>http://www.propertyline.co.uk/blog/sterling-gains/</link>
		<comments>http://www.propertyline.co.uk/blog/sterling-gains/#comments</comments>
		<pubDate>Wed, 28 Jan 2009 08:50:03 +0000</pubDate>
		<dc:creator>AJA</dc:creator>
		
		<category><![CDATA[Currency Reports]]></category>

		<guid isPermaLink="false">http://www.propertyline.co.uk/blog/sterling-gains/</guid>
		<description><![CDATA[Sterling Strength
Yesterday we saw Sterling exchange rates gain strength across the board. On Monday Sterling gained following the rise of banking shares, and with it a rise in confidence in the UK banking sector.
Further Sterling strength followed yesterday after Business Secretary Lord Mandelson outlined a package of government support for the UK car industry worth [...]]]></description>
		<wfw:commentRss>http://www.propertyline.co.uk/blog/sterling-gains/feed/</wfw:commentRss>
		</item>
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		<title>This weeks data and the effect on exchange rates</title>
		<link>http://www.propertyline.co.uk/blog/this-weeks-data-and-the-effect-on-exchange-rates/</link>
		<comments>http://www.propertyline.co.uk/blog/this-weeks-data-and-the-effect-on-exchange-rates/#comments</comments>
		<pubDate>Mon, 26 Jan 2009 13:38:58 +0000</pubDate>
		<dc:creator>AJA</dc:creator>
		
		<category><![CDATA[Currency Reports]]></category>

		<guid isPermaLink="false">http://www.propertyline.co.uk/blog/this-weeks-data-and-the-effect-on-exchange-rates/</guid>
		<description><![CDATA[A New Week
Already more job losses announced. Steelmaker Corus has confirmed that it is cutting 3,500 jobs worldwide, including about 2,500 in the UK. The announcement comes after Corus, like all steel firms, has seen a substantial fall in demand. Corus, a subsidiary of India&#8217;s Tata Steel, currently employs 24,000 people in the UK and [...]]]></description>
		<wfw:commentRss>http://www.propertyline.co.uk/blog/this-weeks-data-and-the-effect-on-exchange-rates/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Recession - Offical</title>
		<link>http://www.propertyline.co.uk/blog/recession-offical/</link>
		<comments>http://www.propertyline.co.uk/blog/recession-offical/#comments</comments>
		<pubDate>Fri, 23 Jan 2009 13:34:59 +0000</pubDate>
		<dc:creator>AJA</dc:creator>
		
		<category><![CDATA[Currency Reports]]></category>

		<guid isPermaLink="false">http://www.propertyline.co.uk/blog/recession-offical/</guid>
		<description><![CDATA[The UK is now in recession for the first time since 1991, official government figures have confirmed. Gross domestic product fell by 1.5% in the last three months of 2008 after a 0.6% drop in the previous quarter. That means that the widely accepted definition of a recession - two consecutive quarters of falling economic [...]]]></description>
		<wfw:commentRss>http://www.propertyline.co.uk/blog/recession-offical/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Sterling continues to slide</title>
		<link>http://www.propertyline.co.uk/blog/sterling-continues-to-slide/</link>
		<comments>http://www.propertyline.co.uk/blog/sterling-continues-to-slide/#comments</comments>
		<pubDate>Wed, 21 Jan 2009 10:34:23 +0000</pubDate>
		<dc:creator>AJA</dc:creator>
		
		<category><![CDATA[Currency Reports]]></category>

		<guid isPermaLink="false">http://www.propertyline.co.uk/blog/sterling-continues-to-slide/</guid>
		<description><![CDATA[UK unemployment
UK unemployment rose by 131,000 to 1.92 million between September and November, the highest total since September 1997. That does not include the tens of thousands of jobs cut since November. The number of people claiming jobseeker&#8217;s allowance increased by 77,900 to 1.16 million, according to the Office for National Statistics.
Employment minister Tony McNulty [...]]]></description>
		<wfw:commentRss>http://www.propertyline.co.uk/blog/sterling-continues-to-slide/feed/</wfw:commentRss>
		</item>
		<item>
		<title>More bad news for the UK Banks.</title>
		<link>http://www.propertyline.co.uk/blog/more-bad-news-for-the-uk-banks/</link>
		<comments>http://www.propertyline.co.uk/blog/more-bad-news-for-the-uk-banks/#comments</comments>
		<pubDate>Mon, 19 Jan 2009 13:06:32 +0000</pubDate>
		<dc:creator>AJA</dc:creator>
		
		<category><![CDATA[Currency Reports]]></category>

		<guid isPermaLink="false">http://www.propertyline.co.uk/blog/more-bad-news-for-the-uk-banks/</guid>
		<description><![CDATA[The government has announced a second package of measures to encourage banks to lend to individuals and businesses. The long list of measures includes a scheme to offer insurance against banks losing more money from the bad debts that started the credit crunch.
Prime Minister Gordon Brown condemned the banks that had made losses from &#8220;irresponsible&#8221; [...]]]></description>
		<wfw:commentRss>http://www.propertyline.co.uk/blog/more-bad-news-for-the-uk-banks/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Todays Market Data</title>
		<link>http://www.propertyline.co.uk/blog/todays-market-data/</link>
		<comments>http://www.propertyline.co.uk/blog/todays-market-data/#comments</comments>
		<pubDate>Fri, 16 Jan 2009 09:15:41 +0000</pubDate>
		<dc:creator>AJA</dc:creator>
		
		<category><![CDATA[Currency Reports]]></category>

		<guid isPermaLink="false">http://www.propertyline.co.uk/blog/todays-market-data/</guid>
		<description><![CDATA[The focus is on US economic data today and on events in the financial sector after the US government announced a new package of guarantees yesterday to protect Bank of America from possible losses on $118bn of assets.
The US Treasury will also invest $20bn from the TARP in the bank in exchange for preferred stock. [...]]]></description>
		<wfw:commentRss>http://www.propertyline.co.uk/blog/todays-market-data/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Thursdays Market Data</title>
		<link>http://www.propertyline.co.uk/blog/thursdays-market-data/</link>
		<comments>http://www.propertyline.co.uk/blog/thursdays-market-data/#comments</comments>
		<pubDate>Wed, 14 Jan 2009 15:20:24 +0000</pubDate>
		<dc:creator>AJA</dc:creator>
		
		<category><![CDATA[Currency Reports]]></category>

		<guid isPermaLink="false">http://www.propertyline.co.uk/blog/thursdays-market-data/</guid>
		<description><![CDATA[This blog will not be updated on Thursday 15th January due to my absence from the office. Please see below the days data releases. Lots from the US, and of course the EU interest rate decision, both of which is likely to cause volatility to the GBPUSD rate and GBPEUR Rate.
Australia
Employment Change (Dec) 
Australia
Unemployment Rate [...]]]></description>
		<wfw:commentRss>http://www.propertyline.co.uk/blog/thursdays-market-data/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Exchange Rate Outlook</title>
		<link>http://www.propertyline.co.uk/blog/exchange-rate-outlook/</link>
		<comments>http://www.propertyline.co.uk/blog/exchange-rate-outlook/#comments</comments>
		<pubDate>Wed, 14 Jan 2009 09:30:31 +0000</pubDate>
		<dc:creator>AJA</dc:creator>
		
		<category><![CDATA[Currency Reports]]></category>

		<guid isPermaLink="false">http://www.propertyline.co.uk/blog/exchange-rate-outlook/</guid>
		<description><![CDATA[Foreign ExchangeThis report will give you an insight into the Current foreign currency market conditions and how it will affect you and your currency requirements.
NewsBarclays are to cut at least 2,100 jobs globally across its investment banking and wealth management businesses.It is understood that 1,300 jobs will go at investment at Barclays Capital, while 500 [...]]]></description>
		<wfw:commentRss>http://www.propertyline.co.uk/blog/exchange-rate-outlook/feed/</wfw:commentRss>
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