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GBP/USD: Relative rates and global manufacturing slowdown to weigh on the pound – Danske Bank

FXStreet.com
 2021-12-03

Cover picture for the articleEconomists at Danske Bank think markets are pricing in too many rate hikes from the Bank of England (BoE) short-term. Furthermore, a hit to overall risk sentiment and rising Brexit uncertainties may also weigh on GBP/USD. The key risk is a shift in the global investment themes. “We believe...

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