Open Account Trading Carries Risk
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The pound has come under renewed attack on the increasing fears of a ‘hard’ Brexit, which led to its fresh 28-month low. U.K Prime Minister Boris Johnson has ramped up preparations for a no-deal withdrawal from the EU, with around three months remaining.

Mounting pressure on the euro comes from recent data showing Germany’s manufacturing sector contracting at the quickest pace in seven years, while French business growth also unexpectedly slowed.

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