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BoE: Hedge fund actions don't amplify market volatility
GBP
- Hedge fund actions don't amplify market volatility.
- Vulnerabilities in market-based finance remain.
- A trade shift could harm stability by depressing growth.
- Banks can support the economy, even if conditions deteriorate.
- Risks linked to trade fragmentation have intensified.
- Risks of further corrections remains high.
Bank of England
Source: Forex Live
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