Weekly roundup: US dollar flounders after US inflation ...
Markets had been eagerly awaiting speeches from Janet Yellen, but the Federal Reserve Chair disappointed with a more cautious outlook on inflation tha
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Markets had been eagerly awaiting speeches from Janet Yellen, but the Federal Reserve Chair disappointed with a more cautious outlook on inflation tha
While the pound managed to stand firm against the euro on Tuesday, the currency’s performance against the other majors was less impressive.
While the pound climbed last week, the US dollar was pressured lower – resulting in the USD/GBP exchange rate sliding from £0.7867 to £0.7675.
The long-awaited testimonial from former FBI Director James Comey on Thursday turned out to be something of a damp squib, although this was a relief f
The pound has once-again become a politically-correlated currency, following developments in election polls over economic data.
After a miserable end to May the pound managed to edge slightly higher as June began.
Accelerating UK inflation left the pound fluctuating on Tuesday, with the currency first climbing and then falling against most of its rivals.
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