• RCS Ottawa

Industrial Production Data to Drive British Pound Against Euro and US Dollar on Friday

Pound Sterling remains highly sensitive to risk sentiment associated with Brexit as we evidenced by the sharp declines witnessed through the opening days of October.

With the Conservative Party conference now behind us we would have expected Sterling to settle down somewhat and take its cue from data once more.

However, the sharp sell-off on Thursday afternoon makes this prospect a dim one. Full Story


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