Omnis market update 3 July
Posted by siteadmin on Monday 3rd of July 2017.
Sterling rallied against the dollar and other major currencies last week in response to comments by Bank of England (BoE) Governor Mark Carney suggesting interest rates may rise sooner than expected (more on this below). The FTSE 100, which tends to move in the opposite direction to the pound, was dragged lower by the stronger currency.
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