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Sterling tumbled sharply today, hitting its lowest level against Euro in nearly a year as renewed fiscal concerns dominated sentiment. The selloff followed reports from the Financial Times that UK Chancellor Rachel Reeves will face a deeper-than-expected deterioration in the UK’s public finances, delivering an early setback ahead of next month’s crucial Budget. According to […]

The post Sterling Sinks on UK Fiscal Shock; Aussie Steady Ahead of CPI appeared first on Action Forex.

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