In the UK, Brexit concerns remain front and centre, as we await word whether Tory rebels can muster the 48 letters necessary to trigger a leadership challenge, points out the research team at TD Securities.
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“Today’s Parliamentary testimony by several BoE officials – including Governor Carney – will be notable though cable remains confined ot a broad 1.2750/1.3250 range, however, suggesting the hurdle for a larger trend move may be fairly high until political risks recede.”
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