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Sterling may struggle to maintain gains in the short term

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    This Week's Highlights Australian dollar strong ahead of unemployment data US retail sales and CPI awaited UK unemployment and retail sales driving the Pound FX Market Overview Yesterday the Bank of England unsurprisingly left interest rates on hold as they voted 8-1 to leave policy unchanged. The only dissenter was Ian McCafferty who asserted that a likely rise in inflation justifies an immediate increase in interest rates. The committee acknowledged the slowdown in China and increased geo

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