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Sterling Slides After GDP Data as Odds of BoE Hold Next Week Slightly Improve

Sterling Slides After GDP Data as Odds of BoE Hold Next Week Slightly Improve
The UK economy contracted faster than expected in July which is weighing on the pound this morning. GDP fell 0.5%, much faster than the 0.2% contraction that was expected, but as has been the case throughout this year, one-off factors played a big role. Strikes and the weather were largely blamed for the steep decline […] The post Sterling Slides After GDP Data as Odds of BoE Hold Next Week Slightly Improve appeared first on Action Forex... Read More
Posted: Sep 13 2023, 07:30
Author Name: actionforex
Views: 092022

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