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Sterling in Distress Following BoE Survey, Euro and Franc also Soften
Sterling is under pronounced pressure in forex markets, trailing as the day’s worst performer. This wave of selloff initiated yesterday following BoE Governor Andrew Bailey’s articulation to the parliament, hinting that UK is “much nearer” to hitting the terminal interest rates. Further aggravating the downfall, a BoE survey rolled out today unveiled a stark decline […] The post Sterling in Distress Following BoE Survey, Euro and Franc also Soften appeared first on Action Forex...
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Posted: Sep 7 2023, 13:21
Author Name: actionforex
Views: 112515