FTSE pushes toward 10k, GBP/CHF vulnerable, next hinges on UK GDP

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Markets are increasingly convinced the BoE will deliver a rate cut next month, after weak labour data showed the UK economy is losing traction. The shift in sentiment has sent the FTSE 100 powering to fresh record highs, with 10,000 level now within reach. Sterling has come under broad pressure, particularly against its European peers. […]The post FTSE pushes toward 10k, GBP/CHF vulnerable, next hinges on UK GDP appeared first on Action Forex.