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Is Pound Vulnerable to a Sell Off?

posted by Avatar fx360 1288 days ago in GBP, Daily made popular 1288 days ago

Pound dropped nearly 200 points in late Asian trade today after an official from Fitch Ratings stated that UK was the most likely of major economies to lose its AAA status. David Riley, co-head of global sovereign ratings at Fitch, said if there was another significant fiscal stimulus package in Britain its rating would be at risk.
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