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Todays currency market has seen losses across the board for Sterling as major currencies seem to capitalise on the growing uncertainty surrounding Sterling’s position within the market and whether or not the U.K. is actually out of the recession.

US has begun to show strength across the market as it has benefited from positive GDP data released last week, this showed that the US economy has healthy growth and therefore looks to be free at present from the recession.

For those looking to secure the best currency rates and to maximise their savings it may be worth contacting a currency broker in order to see how best to manage yourself in this situation.