GBP/USD preview: US-UK rate-hike challenge to favor sterling

As broadly expected, the 2014 correction optimism on the US dollar has been cooled markedly by a set of disappointing first-quarter growth data. On the other hand in the UK, the Bank of England’s (BoE) data-driven monetary policy has boosted the pound by over 3% in the first half of the year, mo…

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GBP/USD preview: US-UK rate-hike challenge to favor sterling

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