GBP/USD close to 2-month low

Source: Investing.com
© Scanpix/Reuters
The Sterling dropped to almost two-month low versus the Greenback today, following the issue of the unsatisfactory trade balance figures, whereas the geopolitical risks kept on fueling the safe-heaven demand. The Cable consolidated at 1.6813 today, sliding 0.11%. The data indicated the U.K. trade deficit increased to £9.41 billion in June, while the economists projected the deficit to narrow down to £8.80 billion.

 

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