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GBP – You should be trading it this week
If you are looking for volatility, sterling is the currency to trade this week. U.K. inflation, employment and retail sales numbers are scheduled for release on top of the Bank of England’s monetary policy decision. Alone, each of these economic reports could spark big moves in the currency but collectively we can be assured of wild swings for sterling. Of all the major currencies, the U.K. has the most significant and market moving economic reports scheduled for release starting with inflation on Tuesday. Driven by the weak sterling, consumer and Producer prices are expected to rise strongly in the month of ... (full story)
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