Sterling’s Decline Deepens as Dollar Maintains Strength

Sterling weakened broadly in a subdued trading today, with no significant data releases to drive market activity. Investors are awaiting BoE Governor Andrew Bailey’s upcoming speech, where he might reaffirm a dovish tone. Earlier this month, in an interview with The Guardian, Bailey hinted at the possibility of becoming “a bit more activist” and cutting […] The post Sterling’s Decline Deepens as Dollar Maintains Strength appeared first on Action Forex.

Nov 4, 2024 - 01:43
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Sterling’s Decline Deepens as Dollar Maintains Strength

Sterling weakened broadly in a subdued trading today, with no significant data releases to drive market activity. Investors are awaiting BoE Governor Andrew Bailey’s upcoming speech, where he might reaffirm a dovish tone. Earlier this month, in an interview with The Guardian, Bailey hinted at the possibility of becoming “a bit more activist” and cutting […]

The post Sterling’s Decline Deepens as Dollar Maintains Strength appeared first on Action Forex.

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