28 May 2020 - Negative rates a major concern

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Beyond Currency by CurrencyTransfer.com

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"Sterling struggled to make any headway above its high from the previous day yesterday as the markets concerns over a no deal Brexit combined with the coming recession drove it lower. On top of those two concerns, the market is still considering the effect should the Bank of England decide to drop official interest rates below zero. However, the more optimistic comments from Chief Economist Andrew Haldane on Tuesday settled traders worries to a certain extent. " 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.