FX Update – August 13 – Weaker Dollar & Stronger Sterling

The Dollar is down for a second day, with the narrow trade-weighted USDIndex printing a six-day low at 93.08 to nearly fully unwind the gains seen in the wake of…

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BoE aftermaths and Cable

There was no real surprise from the BoE this week, although those looking for a clear signal that additional easing measures are underway and that a shallow recovery will force…

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