Sterling Bulls Pursue CPI Lifeline

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Sterling/Dollar unexpectedly surged during trading on Monday and this has nothing to do with an improved sentiment towards the Pound, but ongoing Dollar weakness from diminishing US rate hike expectations. Since the start of the year, the Sterling has been victim to a vicious sell-off from the intensifying Brexit[​IMG]

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