The Pound Sterling registered gains versus the US Dollar on Friday following a softer-than-expected US Nonfarm Payrolls ...
Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – its highest point in a month. The turnaround, however, was short-lived as ...
The pound regained some ground on Friday after dropping on Thursday when the Bank of England cut interest rates and halved ...
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Econostrum English on MSNPound Sterling Drops Sharply as Bank of England Cuts Interest RatesThe pound sterling fell sharply following the Bank of England’s decision to cut interest rates, a move aimed at supporting ...
Sterling fell against the dollar and its appreciation potential looks limited after the BOE cut rates by 25bp to 4.5%.
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