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Markets on the move ahead of rate decisions
It was a turbulent day for sterling yesterday, with sharp rises and falls for GBP/EUR, but continued growth against the US dollar. European exporters including Porsche and Heineken have been warning that the strong euro – on top of tariffs – is a serious threat to their business. The euro is 10% stronger against the US dollar than in January. In the UK, representatives of the British film industry have warned that if a levy of 100% on movies mad…
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