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Sterling broadly weaker ahead of BoE rate decision

This article was originally published in Dairy Markets

Supported by a dip in oil prices the dollar edged up against a basket of currencies in late Far East trading this morning. The greenback was trading against the euro at around €1 = $1.5723 and versus the yen at $1 = ¥106.94, having fallen to €1 = $1.5734 and $1 = ¥106.79 on Wednesday on escalating tensions between Iran and the West over Teheran's nuclear programme.


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