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Pound Pummeled As Fiscal Worries Trump Data

posted by Avatar fx360 845 days ago in GBP, Daily

A relatively quiet start to the week in the FX market with pound showing the only noticeable weakness amongst the majors despite much better than expected UK Manufacturing PMI data. UK PMI printed at 56.7 versus 54.1 as the weaker sterling helped the gauge to register its best reading in more than 15 years, but cable barely reacted to the report as
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