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Coutts Wealth Watch – Sterling to take a further pounding

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Sterling weakness exceeding our expectations Sterling (GBP) has been among the weakest of the major currencies so far this year, down about 6.5% against the dollar and 7.0% versus the euro (EUR). It is now trading close to $1.52, its lowest level since mid-2010, while EUR/GBP is now trading above…

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