Commodity News
HeadLine : Dollar eases off 11-month high; pound buoyant after hawkish BOE
Date : Jun 22 2018
"The potential for all-out trade war, European political risks and emerging market volatility remain potent factors that should contain dollar/yen within the current range, though the lack of downside over the last week or so suggests stronger underlying demand," wrote Robert Rennie, head of market strategy at Westpac.

Sterling last traded at $1.3262 , not far from Thursday's high of $1.3270.

The pound rose 0.7 percent overnight, recovering from a seven-month trough, after BOE Chief Economist Andy Haldane unexpectedly joined the minority of policymakers calling for rates to rise to 0.75 percent, citing concerns about growing wage pressure

Source Investing
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