It's all about buying flexibility now for major central banks. The disinflation process has sort of hit a bump in the road and in the case of the UK, there will be concerns on stagflation. GBP/USD is up 0.4% to 1.2495 on the day but it owes much to a softer dollar.
This article was written by Justin Low at www.forexlive.com. Read More Details
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