Sterling's August advance versus Franc was too much

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Associated Press
The British Pound is erasing its biggest monthly advance in a year versus the Swiss currency as trading patterns indicate that its appreciation was too much. The Pound climbed previous week to the highest level in approximately two months at 1.4592 Francs, while it has risen 2.8% in August against 10 developed-country currencies, making it the best monthly advance in almost two years.
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