Thursday's Currency News, Quite a windfall!

Pound slides against the dollar amid talk of QE2 Sterling drops to an eight-month low against dollar as expectations heighten that Bank of England will engage in further quantitative easing Bank of China shuns European lenders China's biggest foreign exchange lender suspends swaps dealing with at least three counterparties as worries about financial risk in Europe mount Asia rattled by Fed's bleak outlook Stocks tracked Wall Street lower as investors took fright at the Federal Reserve's negative view of the US economic outlook Brazil will fight back against the currency manipulators Trade and exchange rate protectionism have devastating effects for all but especially for developing countriee, writes Dilma Rousseff $23bn windfall for new Libya Libya's revolutionary government has enjoyed a surprise windfall after discovering $23bn-worth of assets unspent by Muammer Gaddafi's regime