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The pound could continue to face pressure today from the recent disappointing UK consumer price inflation release, with the looming response from Bank
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The pound could continue to face pressure today from the recent disappointing UK consumer price inflation release, with the looming response from Bank
The pound fluctuated in trade yesterday as markets reacted to mixed comments from the Bank of England before the UK’s Treasury Committee.
The biggest mover for the pound (GBP) today will be the UK’s consumer price inflation figures, with analysts expecting a rise from 0.1% to 0.5% in Apr
Sterling could encounter volatility today on the words and sentiments of Bank of England (BoE) policymakers Dave Ramsden, Michael Saunders, Gertjan Vl
The pound fell back again on Monday, suffering heavily losses against the majority of its peers as renewed Brexit uncertainty dragged on the currency.
The pound tumbled against the majority of its peers again last week as growing Brexit uncertainty cast a long shadow over the currency.
The pound kicked off a new week of trading by dipping against the US, Australian and Canadian dollars.
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