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Sterling gets a boost from vaccinations and moves to ease lockdown measures
Published Thu, Feb 25, 2021 · 05:50 AM
London
VACCINATIONS and steady moves by the United Kingdom government to relax the lockdown measures in the coming weeks have boosted the sterling.
Data from the Commodity Futures Trading Commission indicated that the majority of currency speculators had short positions in sterling last September and October. In the subsequent months, the sterling bears have been trapped.
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