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Sterling Slides, USD Holds Steady on Probable Fed Rate Hike

Discussion in 'Market News' started by Daily.Forex, Aug 9, 2016.

  1. Daily.Forex

    Daily.Forex Forum Member

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    The pound slipped in Asia on Tuesday on speculation of further UK policy easing, shedding 0.4 percent to $1.2981GBP after Bank of England policymaker Ian McCafferty said that more quantitative easing was likely to be required if the UK's economic decline worsens.

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