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Despite a Sterling jump on Thursday evening after a BBC exit poll indicated a surprise outcome in the UK general elections, market analysts believe that the rally will be short-lived as the currency markets settle down to business as usual. ...
Australia’s central bank sprang a surprise on the foreign exchange markets this week by leaving interest rates unchanged at 4.25%, contrary to an expected cut. In response to the RBA’s decision, the Aussie dollar climbed to a six-month high ...