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Pound rallies on Kwarteng’s tax cut U-turn

The pound strengthened on Monday as GBP investors welcomed the UK government’s U-turn on high-income tax cuts.

Weekly Roundup: Pound trades with extreme ...

The pound fell off a cliff at the start of last week. The previous week’s Sterling selling bias remaining firmly in place after Chancellor Kwasi Kwart

EUR/USD exchange rate plunges to $0.97 amid ...

The US dollar raced higher on Friday as fears of a possible escalation in the Russia-Ukraine war spooked investors and bolstered USD demand.

Pound highly volatile as BoE intervenes in ...

Trade in the Pound remained highly erratic on Wednesday as the Bank of England (BoE) announced an intervention in the bond market.

Pound holds ground amid expectations for a ...

The pound stabilised on Tuesday in the wake of some hawkish comments from a Bank of England (BoE) policymaker.

GBP/USD strikes record low amid UK budget ...

The pound traded with extreme volatility on Monday, with the GBP/USD exchange rate fluctuating in a range of six cents.

Weekly Roundup: Australian dollar down as ...

The Australian dollar came under pressure last week, although it traded higher against its European counterparts, as concerns over rising interest rat

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