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The pound, which has advanced about 3.3% versus the greenback since the start of 2023, is the best-performing currency among developed economies this year.
Bank of England officials are mulling whether to set aside plans to create a digital pound for households amid growing ...
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A move in September pound futures prices above chart resistance at this week’s high of 1.3777 would become a buying opportunity. The upside price objective would be 1.4350, or above.
The pound’s decline has come in distinct phases. From 2011 to 2013, initial depreciation was tied to war-related disruptions, a steep drop in tourism, and a collapse in foreign investment.
* Sales for 14 weeks ended 20 September 2015 were ahead by 6.6% on a constant currency basis.
LONDON, May 18 (Reuters) - In volatile currency markets, one trade stands out as an easy bet: selling the British pound. With the world's fifth-biggest economy grappling with a particularly ...
A somewhat softer-than-expected U.S. jobs report released Friday contributed to the British pound gaining 0.5% to trade at $1.287, the highest level since July.
The pound, which has advanced about 3.3% versus the greenback since the start of 2023, is the best-performing currency among developed economies this year.