The WSJ Dollar Index Falls 0.21% to 97.02 – Money News
1526 GMT – The U.Okay. funds is broadly destructive for sterling even because the currency rises due to positioning forward of the announcement, Societe Generale’s Kit Juckes says. Sterling may maintain firm for now however faces a hit from more price cuts over the medium time period, he says. 1341 GMT – Sterling rises to a four-week high in opposition to the greenback and the euro as traders categorical reduction over the U.Okay. funds, Rabobank forex strategist Jane Foley says.
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