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Pound Strength Bolstered by Dollar Weakness – Thursday, 13 March
The British pound is currently trading near four-month highs, around $1.29, fueled by a weaker dollar and expectations of sustained high UK interest rates. Market sentiment is anticipating fewer rate cuts from the Bank of England in 2025. Investors are also awaiting upcoming UK economic data releases, including monthly GDP figures and forecasts from the…
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Pound Strength Bolstered by Dollar Weakness – Wednesday, 12 March
The British pound is currently trading near four-month highs, supported by a weakening US dollar and expectations of sustained high UK interest rates. Market participants are closely monitoring upcoming economic data releases, including monthly GDP figures and forecasts from the Office for Budget Responsibility, for further insights into the UK’s economic health. The British pound…
