For the Dollar bulls, this miscalculation has proven costly.
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This is as good as it gets for those wanting a stronger British Pound show new forecasts from Bank of America.
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The British Pound should retain support amidst expectations that a recent slowdown in UK economic growth will give way to a stronger expansion, driven by increasingly confident consumers.
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Gains for major stock markets signalled a return of confidence to the global investor community, creating the backdrop for a rally in the value of the British Pound against currencies such as the D…
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The British Pound started the new week in decidedly mixed fashion amidst signs that the country's economic rebound slowed in August.
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The British Pound will remain under pressure against the Euro and Dollar but advance against the Australian and New Zealand Dollars should this week's selloff on global equity markets extend into t…
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UK inflation came in below market expectations at 2.0% year-on-year in July, a miss that lead to some weakness in the British Pound although investors were quick to buy the dip.
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