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Forex: British Pound Tests 1.6400 On Higher Inflation, Euro Rally To Cool Ahead Of EU Summit
The British Pound advance to a fresh yearly high of 1.6400 as the headline reading for U.K. inflation topped market expectations, and the near-term rally in the sterling may gather pace ahead of the Bank of England minutes as market participants speculate the central bank to gradually normalize monetary policy over the coming months.
Forex Trading – The Right Choice BKtraderfx 08.15.08
