Sterling hits record low against the dollar, as other Asia-Pacific currencies weaken
"[It] doesn't seem like the U.K.
government is throwing the market a bone here in terms of having a much more tempered fiscal trajectory, and so I think at this point right now, the path of least resistance is going to remain lower," Mazen Issa, senior forex strategist at TD Securities, told CNBC before the pound hit a new low."We've seen the euro dip below parity — I don't see a reason why sterling can't either," he added.
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