A steady reading from the headline UK consumer price index failed to shore up the pound yesterday.
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By Philip McHugh on July 16, 2019
Increased anxiety over Brexit and the UK’s future trade outlook weighed heavily on the pound yesterday, with a potential US-UK trade deal remaining a distant prospect.
By Philip McHugh on July 15, 2019
At the end of last week the US dollar remained under pressure as stronger-than-expected US inflation data did little to curb expectations that the Federal Reserve will slash interest rates later this month.