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Foreign Exchange Analysis Headlines

British pound hits post-Brexit referendum high

The British pound rose to $1.4355 on Tuesday, hitting its highest level since the Brexit referendum in June 2016, supported by hopes of a better Brexit deal and expectations of a central bank rate hike.

HKMA intervenes as Hong Kong dollar hits weak end of trading band

Hong Kong's central bank bought the local currency on Friday, as part of its first intervention in foreign exchange markets since 2015 after the Hong Kong dollar hit the weaker end of its trading range, nudging up a key lending rate that could push borrowing costs higher.

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Judge rejects Missouri governor's bid to dismiss criminal case

ST. LOUIS A St. Louis judge on Thursday dealt Missouri Governor Eric Greitens another legal setback in the sex scandal embroiling his office, refusing to dismiss a criminal invasion of privacy charge stemming from an admitted extramarital affair.