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Pound Weakens Amid Hawkish Fed Minutes
The pound dropped against its major counterparts in early European deals on Thursday, as Fed minutes affirmed that further rate increases would be appropriate and dashed hopes for rate cuts in 2023. The minutes reiterated that officials continue to anticipate that ongoing rate increases would be appropriate to achieve the Fed’s dual objectives of maximum […] The post Pound Weakens Amid Hawkish Fed Minutes appeared first on ForexTV...
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Posted: Jan 5 2023, 12:59
Author Name: forextv
Views: 110819