13 September 2018 Lira Shoots Higher against Pound after Turkish Central Bank Delivers Show-stopping Interest Rate Rise

The Turkish Lira shot higher Thursday after the Central Bank of Turkey (CBRT) raised interest rates despite opposition from President Recep Tayyip Erdoğan, whose influence over the instit…

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13 September 2018 British Pound Recovery Kept Alive by Bank of England's Half-full View of the Economy, 'No Deal' Brexit Still Key Threat to Outlook

The headline takeaway from the Bank of England's September meeting proves positive for the British Pound which traded higher against the US Dollar following the announcement, breaking the 1.31 barr…

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12 September 2018 Pound Sterling Outlook Brightens on Signs the threat of a Conservative Brexit Rebellion is Fading

Those wanting a stronger British Pound by year-end 2018 will take heart from news reports that domestic resistance to a Brexit deal might be fading.

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11 September 2018 U.K. Wages Grow Faster than Economists Expected

The Pound advanced further on rivals Tuesday after official data showed wage pressures building in the UK's tight labour market while traders also continued to reward signs of progress in the …

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10 September 2018 British Pound at Multi-Week Best on Latest 'Barnier Bump': Brexit Withdrawal Agreement Likely by November

The British Pound was seen gaining on the Euro, Dollar and other major currencies following comments by chief EU Brexit negotiator Michel Barnier that a Brexit deal was likely to be achieved in 6-8…

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10 September 2018 Swedish Krona Eyes Losses after Election Result Leaves Markets Focused on Negative Fundamentals

The Swedish Krona ceded ground to the Pound, Dollar and Euro Monday after a general election left the Nordic country with a hung parliament, prompting some analysts to forecast further losses for t…

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10 September 2018 Pound Advances as on UK GDP Beat

The Pound advanced against all rivals Monday as traders responded to official data showing economic growth picking up sharply during July, suggesting the economy gathered momentum at the begin…

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