Tag: Sterling

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GBP/USD Ends Down Week Despite Sterling Uptick – Weekly Market Recap

GBP/USD struggled to gain momentum on Friday, only edging up by 0.13% as the Pound Sterling faced pressure due to the looming rate cut...
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UK Data Analysis: Impact of Labour Win on Pound – Action Forex

The UK economy has shown signs of improvement, with GDP growing by 0.7% in the first quarter of the year. Analysts are now expecting...
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GBP Reacts to UK Election Result: Analysis by Rabobank

The GBP has remained relatively stable following the UK election results, despite the lack of significant movement. However, the recent decline in the value...
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Impact of UK General Election on Pound: Expert Analysis and Forecast

On July 4, Britons will be voting in a general election that could potentially end 14 years of Conservative rule. The Labour Party is...
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Impact of Labour Victory on Sterling: Insights from Crédit Agricole

The GBP has been trading at a 'political premium' in anticipation of the upcoming elections, as there is a belief that political stability will...
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GBP/USD Price Drops After BoE Keeps Rates Steady

The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the...

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Decoding Target’s Trade Imports Data: The Real Story Behind Earnings Miss

Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its...