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Sterling Sinks Ahead Of BoE Rate Decision

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 14, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Sterling was flung onto a fierce rollercoaster ride during trading this week with prices surging to weekly highs at 1.4347 against the USD following the unexpected rise in UK CPI for March, which temporarily boosted optimism towards the UK interest rate outlook for 2016. Bullish investors exploited this moment[​IMG]

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