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The pound takes a hammering – Big picture week commencing 5th August

With the greater possibility of the UK crashing out of Europe without a deal we are seeing this reflected in the strength of pound. It is the turn of the Australian and New Zealand central banks to meet this week. Expect a quarter percent cut in the base rate of the latter.

Here is the link to the summary I show. https://ezeetrader.com/outlook/wo050819.pdf

2 Comments

  1. August 6, 2019 at 10:28 am

    Good review.
    Thank you.

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