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British retail sales data that exceeded expectations offered some support to sterling on Friday though not enough to keep it ...
Sterling recovered from early losses against the dollar on Wednesday, brushing off data showing UK business activity weakened ...
--Up 9.28% from its 52-week low of 1.2167 hit Friday, Jan. 17, 2025 Three areas for investors to watch as Paul Atkins takes over as chair of the Securities and Exchange Commission. Financial stocks ...
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The Pound Sterling (GBP) gives up its intraday recovery ... reforms and tax breaks for sectors impacted by the US tariffs. Rate expectations have also shifted, with markets moving to price a ...
The slide in risk appetite undermined Sterling as with the Pound to Dollar (GBP/USD) exchange rate dipping to lows at 1.2910 and substantially below 6-month highs of 1.32 posted on Thursday.
The Pound Sterling slumps against the US Dollar to ... Currently, traders see the BoE reducing interest rates two times this year. The BoE has already cut interest rates once in 2025.
and the looming Spring Statement muted GBP. Turning to today, Sterling has slumped this morning after cooler-than-forecast UK inflation stoked bets on a Bank of England (BoE) interest rate cut in May.
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