XE Market Analysis: Sterling Steadies Today Having Fallen Over Course of the Week

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OVERVIEW

  • Sterling steadies near 11-month lows against the US Dollar.
  • US Dollar rises against most major currencies.
  • The Kiwi Dollar slides to 2.5 year low on dovish RBNZ.

HIGHLIGHT

Sterling steadied against the US Dollar and Euro, having fallen all week on fears that Britain will leave the EU with no agreement in place.