"The rise in the value of Sterling has clearly been primarily driven by recent weakness in the dollar and there is a distinct feeling that a correction from current levels is a more likely scenario than a continued drive towards the 1.3000 level.
The two main issues facing the UK Government; Covid-19 and Brexit will remain throughout the summer with the end of this month set to be a watershed in its dealing with both.
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Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.