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- The Forex Market
Pound Sterling tumbles to 1.2800 ahead of BoE policy meeting
Investors expect the BoE will cut interest rates by 25 bps to 5%. The US Dollar recovers despite the Fed’s dovish guidance on interest rates. The Pound Sterling (GBP) faces a sharp selling pressure ...
4 minutes ago
- The Forex Market
GBP/USD chalks in another down week despite late Sterling uptick
GBP/USD floundered on Friday, climbing a scant 0.13% on the day as the Pound Sterling gets weighed down by broad-market expectations of a rate cut from the Bank of England (BoE) next week.
5 days ago