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On Wednesday, the disappointing ISM Services PMI data made it difficult for the US Dollar (USD) to find demand. Additionally, ...

The Pound Sterling struggles to extend its upside above the intraday high of 1.2550 against the USD due to the upbeat US ADP ...

Sterling was set for its biggest one-day fall since early January on Thursday, after the Bank of England (BoE) cut interest ...

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The pound rose to its highest in a month on Wednesday as the dollar retreated further after surging two days ago on the ...

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The Pound was the dominant international currency up until the 1940s but changes to the financial system and new trading ...

For example, if it looked as though the UK would default on its debt, foreign investors might dispose of their holdings of UK bonds – causing depreciation in Pound Sterling.

By Harry Robertson, Naomi Rovnick and Greta Rosen Fondahn (Reuters) -Investors grappled with a gloomy set of Bank of England forecasts on Thursday that complicate the outlook for UK assets, with ...