In spite of the fact that traders have adopted risk aversion - TopicsExpress

In spite of the fact that traders have adopted risk aversion strategies on Wednesday after digesting a negative revision to global growth forecasts; Sterling is holding in a low position against the South African Rand. This could be as a result of negative sentiment towards the Pound on fears of overvaluation, or could be as traders await the Bank of England Rate decision, due to take place on Thursday. #southafrica #money #exchangeratenews #forex

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