Currency Update: Sterling Below 1.3, Are We Headed For A New Low?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 9, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Sterling slipped below 1.3 for the first time since July 12 followingcomments from BoE's Ian McCafferty that more easing is likely to be required if economic conditions deteriorated. Today marks the fifth consecutive day of declines on pound and the longest losing streak since the Brexit vote, but the currency[​IMG]

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