The Bank Of England’s (BoE) trade-weighted sterling index has rallied 1.7% since the middle of January. The recovery from the gilt-triggered January sell-off has undoubtedly been helped by the rally in US Treasuries.
The Bank Of England’s (BoE) trade-weighted sterling index has rallied 1.7% since the middle of January. The recovery from the gilt-triggered January sell-off has undoubtedly been helped by the rally in US Treasuries.
The US Dollar Index (DXY), which measures the value of the US...
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