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Tag: currency

Sterling hits 11 year high

Pound climbed to its highest levels against the dollar since mid-September today, as data showing UK manufacturing growth recovered from a seven-month low in July eased concerns about an economic […]

Big Week Ahead – GBP/USD above 1.31

Britain’s pound traded above $1.31 today, close to a 10-month high, as investors eyed this week’s Bank of England “Super Thursday” for a steer on whether record-low interest rates could […]

Pound Surges Against US Dollar

Sterling hit a 10-month high against a broadly weaker dollar today, after the U.S. Federal Reserve left policy unchanged and appeared less confident about inflation picking up, which investors took […]

UK Economy Picks Up

Britain’s economy gathered only a little speed in the second quarter after almost stalling at the start of the year, propped up by the services sector and a booming film […]

Sterling hovers around $1.30

Sterling steadied just above $1.30 today, unable to break out against a broadly weaker dollar as worries over Brexit and the pace of UK economic growth swirl. The pound recovered […]

Sterling/Euro – 8 month low

Sterling skidded to an eight-month low against the euro, trading close to 90 pence after the head of the European Central Bank said possible changes to policy would be discussed […]

Sterling stays lower this morning

Sterling slipped back towards $1.30 today, adding to falls the previous day after weak inflation data poured cold water on expectations that the Bank of England will hike rates this […]

Sterling Update

Sterling rose against the dollar today, investors still weighing the likelihood of an interest rate rise from the Bank of England after labour market data this week offset some worries […]

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