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September 15, 2017
The British Pound surged to levels not seen since the Brexit vote of June 2016 as the Bank of England pulled an about face and turned hawkish. Sterling led Friday’s G10 currency gains versus the Greenback, rising above 1.3600 for the first time since the Brexit vote after even former dovish members of the BoE turned hawkish on a dime. Gertjan Vlieghe, previously seen as the most dovish voter on the MPC, commented that a rate hike may be warranted in the coming months.


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