Pound tumbles, markets await BoE policy meeting
The pound fell back again last Friday as the currency was seen as increasingly vulnerable ahead of the Bank of England’s rate decision this week.
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The pound fell back again last Friday as the currency was seen as increasingly vulnerable ahead of the Bank of England’s rate decision this week.
The pound was placed on the back foot again yesterday as a disappointing services PMI weighed heavily on Sterling sentiment.
The pound is poised to slide this morning as the UK publishes its latest industrial production figures.
Positive comments from Bank of England (BoE) policymakers failed to boost the pound yesterday.
The Bank of England’s (BoE) Chief Economist Andy Haldane is set to speak later this morning, with investors hoping to learn more about the bank’s upco
A solid acceleration in the pace of house price growth during March suggested that the UK economy is strong enough to withstand another interest rate
A strong uptick in UK productivity boosted the pound on Friday, as markets hoped this would translate into higher wages.
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