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Bank of England lifts sterling, dollar battered but still standing

Sterling jumps after BoE seems reluctant towards negative rates. Stocks climb, dollar resumes downfall as markets keep betting Congress will deliver. Dollar testing a crucial support area again – tomorrow’s NFP may be pivotal. Otherwise, the spotlight remains on whether Congress will reach a deal soon.Risk Warning: 75.55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Please con...

Broadcast on:
06 Aug 2020

Sterling jumps after BoE seems reluctant towards negative rates. Stocks climb, dollar resumes downfall as markets keep betting Congress will deliver. Dollar testing a crucial support area again – tomorrow’s NFP may be pivotal. Otherwise, the spotlight remains on whether Congress will reach a deal soon.

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