Sterling Hits 37-Yr Low, Dollar Staying Strong

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Sterling Hits 37-Yr Low, Dollar Staying Strong

Selloff in Pound catches most currency related headlines today, as it slumped to a 37-year low against Dollar. The decline came after data showed retail sales contracted in both volume and value term in August, indicating that inflation was already biting into spending. In the background, the UK economic is already in recession. Still for […]

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