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Posted by
Two Blokes Jul 2 -
Filed in
Forex
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18 views
The dollar came under renewed pressure this week as geo-political fears have eased and the Pound to Dollar exchange rate (GBP/USD) jumped to 44-month highs near 1.3800 before a correction to just below 1.3700. CIBC expects further measured dollar depreciation, but with the Pound struggling to take full advantage given domestic.