Forex Market News

Sterling Pound Traded Lower By 0. 85 Percent

Sterling pound traded lower by 0. 85 percent yesterday a fter the Bank of England Governor Mark Carney admitted Brexit is now a bigger risk for the continent than it is for the UK. Moreover, m arkets are discounting the plans of UK PM Theresa May who hinted at sacrificing Europe’s single market access for curb ing immigration problem. Due to all the above factors, GBPINR is expected to trade lower in today’s trading session .
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