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Pound Sterling (GBP) had a kneejerk uptick after the hot UK June CPI print reduced the likelihood of a more dovish BOE policy ...
The risk-averse market environment and the broad-based US Dollar (USD) strength following the June inflation readings from the US make it difficult for GBP/USD to attract buyers on Wednesday.
The pound edged higher against a weakening dollar and fell versus the euro, as investors assessed whether the Bank of England might cut rates more aggressively than the currently expected pace of 25 ...
The pound steadied on Tuesday, following the previous day's slide, in line with a more upbeat tone across the broader markets ...
Sterling rose after an unexpected jump in UK inflation, suggesting that the Bank of England is going to struggle to justify ...
Sterling extended its losses to reach a three-month low against the euro on concerns about a faster pace of U.K. rate cuts and potential tax rises to plug a fiscal black hole.
The U.S. dollar rose against major currencies on Wednesday as data supported market expectations of a Federal Reserve ...
The pound headed for a sixth straight drop, its worst streak this year, with a downturn in the UK’s economic growth leading ...
Our view is that the nine-day exponential moving average (EMA) - the touchstone of our Week Ahead Forecast modelling - is ...
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