Pound Sterling plummets as two BoE members favor 50 bps interest rate cut
The Pound Sterling faces pressure against its major peers as all nine BoE MPC members favored a 25-bps reduction in interest rates to 4.5%. Soft CPI inflation data in December and weak labor demand in three months ending November boosted BoE dovish bets.
The Pound Sterling (GBP) ticks lower to near 1.2420 against the US Dollar (USD) in Friday’s European session ahead of the ...
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Pound hits one-month high as dollar declinesThe pound rose to a one-month high against the dollar as the market’s attention turned to the Bank of England (BoE). This ...
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The Pound was the dominant international currency up until the 1940s but changes to the financial system and new trading ...
The pound rose to its highest in a month on Wednesday as the dollar retreated further after surging two days ago on the ...
The Pound Sterling registered gains versus the US Dollar on Friday following a softer-than-expected US Nonfarm Payrolls ...
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