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Can sterling and the Aussie hold their gains?

Both the Aussie dollar and the British pound have rallied today on positive economic news. Saxo traders tell us what they're looking for in the coming days.
AUDUSD rose after an unexpected spike in inflation. That's left many investors wondering whether an interest rate cut might be delayed.
Sterling hit a one year high after another sharp drop in unemployment in Britain.  It's heightened speculation the Bank of England will raise interest rates sooner rather than later.   Traders speculate as to whether GBPUSD can hold above 1.65 for the rest of the week.

01:31 minutes
Tags: 1.65, audusd, australia, australian, australian dollar, bank of england, british pound, cable, cpi, dollar, dollar aussie, economy, foreign exchange, forex, mpc, options, pound, puts, rate, rises, saxo tv, sterling, stops, tradingfloor.com, uk employment, unemployment, usdaud, video, vols, volumes

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