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Super Thursday lived up to its billing yesterday as Sterling became the subject of relatively painful losses across the board. This came following the interest rate decision from the Bank of England (BoE), along with the quarterly inflation report and BoE Governor, Mark Carney’s speech. The eagerly anticipated data disappointed…
by FA Jacob
1 minute read
Sterling had an energetic start yesterday against the US and Euro by surging more than 0.5% by midday. Having topped out at 1.43834 against Euro, the Pound rescinded almost all gains made by market close. Today, we have already witnessed the start of a new era of transparent decision making…