The Pound Sterling failed to sustain its recovery against the US Dollar in the BoE’s rate-decision week. GBP/USD looks to US inflation and UK growth data for the next directional move.
Sterling was trading at $1.26 on Friday afternoon, up 0.3 per cent on the day and its highest level so far in 2025.
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The Pound Sterling struggles against the US Dollar around 1.2400 as investors are cautious about US President Trump’s threat to raise tariffs on metals. BoE’s Pill sees strong wage growth as a ...
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Sterling could outperform against the euro in ... suggesting this would support the pound. Last week Trump said he would impose tariffs on the EU “pretty soon“, complaining that the bloc ...
Sterling rose to its strongest level against the dollar this year on Friday, after UK GDP data earlier this week sweetened ...
Post-EU referendum price action for the Pound Sterling (GBP) has seen GBP-crosses swing rapidly, often by upwards of 1% per day as markets react to a constant stream of Brexit related developments.
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