Andriy Moraru
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Andriy Moraru in Top Forex News,

Sterling Loses Support from Interest Rate Hike Expectations

Today’s employment data from the United Kingdom and the minutes of the latest Bank of England’s policy meeting suggested that there likely will not be an interest rate hike in the near future. Hopes for monetary tightening were a key component for the strength of the Great Britain pound, and the currency has been weakening as chances for an early rate hike were waning.(...)
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