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Home›US Markets›Equities›Lofty U.K. Rate-Rise Bets, Fiscal Risks Leave Sterling…

Lofty U.K. Rate-Rise Bets, Fiscal Risks Leave Sterling Vulnerable

Reported · Written up by our desk · Equities

Sterling was weaker against the dollar. The pound was at risk of falling given excessive BOE interest-rate rise expectations and market jitters ahead of next week’s U.K. budget, Monex Europe said.

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Sources

WSJ MarketsLofty U.K. Rate-Rise Bets, Fiscal Risks Leave Sterling Vulnerable

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