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Forex news -forex broker review => Forex => Topic started by: forex4you on Mar 17, 2022, 04:54 pm

Title: Sterling falls as traders sense BOE hesitancy
Post by: forex4you on Mar 17, 2022, 04:54 pm
Sterling falls as traders sense BOE hesitancy

For now, the drop in cable is somewhat salvaged by the 200-hour moving average (blue line) @ 1.3099.But the immediate reaction says a lot about how the market is feeling about the BOE's tightening cycle at the moment.Coming into the meeting decision, there were 5 rate hikes priced in (excluding

Source: Sterling falls as traders sense BOE hesitancy (https://www.forexlive.com/news/sterling-falls-as-traders-sense-boe-hesitancy-20220317/)

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