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Pound drops off due to latest polls

Sterling rose against a weaker dollar on Thursday, advancing towards 12-week highs against a U.S. currency pegged back by expectations that the Federal Reserve is unlikely to raise interest rates any time soon. Still, gains in the pound are likely to be capped after a fresh YouGov poll for the Times showed that those campaigning […]

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UK GDP better than expected

Sterling traded near a 12-week high against the dollar this morning as expectations grew that Britain would vote to remain in the European Union. A preliminary report on first-quarter economic growth releasedthis morning  also moved the pound. A poll predicted the report would show the economy grew 0.4 percent in the first quarter and 2 […]

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