Sterling was the only major currency that failed to participate in this week’s risk rally so far. And indeed, the pound has weakened quite noticeably against dollar, euro and swissy. Euro’s rebound on bond auctions was one of the major factors. But sterling’s weakness could also be attributed to the
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Daily Report: Sterling Lower ahead of BoE Minutes, Yen Steady
– August 18, 2010Posted in: Forex Daily Outlook