Sterling treads water as market awaits Fed rate hike clues --Reuters.com

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GVI Trading Room john bland 09:09:16 GMT - 09/12/2016
"Sterling traded flat against the dollar on Monday after recording its first week of losses in four, as investors awaited comments from Federal Reserve officials for further clues on whether U.S. interest rates will be hiked soon.

The dollar rallied on Friday, hitting a one-week high of $1.3239 against sterling, as bets that U.S. rates will rise this year - perhaps as soon as this month - were revived by hawkish comments from Boston Fed President Eric Rosengren..."
Sterling treads water as market awaits Fed rate hike clues --Reuters.com

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