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Sterling Pressured By BoE Doves

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Sterling bears were unchained during trading on Thursday following Bank of England's Governor Mark Carney's incredibly dovish comments which cemented expectations over a probable UK rate cut in 2016. The Brexit woes have exposed the United Kingdom to downside risks while concerns remain elevated over a potential slowdown in domestic[​IMG]

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