Weekly Roundup: Pound bounces back from PMI driven ...
The pound traded in a wide range last week as UK political developments infused the currency with volatility.
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The pound traded in a wide range last week as UK political developments infused the currency with volatility.
The pound fluctuated on Tuesday amid fresh questions over Boris Johnson’s future as prime minister.
The pound got off to a strong start this week, following the news that UK Prime Minister Boris Johnson would face a vote of no confidence.
The pound trended broadly lower last week, as holiday thinned trade left the currency vulnerable to losses.
The pound suffered a sharp selloff in the first half of the week following the release of the UK’s latest PMI figures.
The Pound ticked higher on Friday, amidst hopes a new fiscal stimulus package will help the UK swerve a recession this year.
The pound spent much of the past four weeks on the defensive. Growing fears of a UK recession left investors increasingly sceptical of Sterling’s upsi
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