With inflation above target and the ECB soon to begin tapering, the Riksbank could be about to move, which might mean more losses for GBP/SEK.
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If economists are correct about July’s manufacturing performance, then the month will have saw the strongest pace of growth for the sector during the year to date.
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The Bank of England rate-debate is hotting up with rain-makers betting on a cut before the year is out, while strategists and economists see a hike.
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Falling real incomes has put a squeeze on consumption while declining business investment will eventually hit the labour market, says UBS.
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Sterling is at risk from twin threats of ECB policy normalisation and Brexit uncertainty, according to a report from Jefferies International.
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Pound Sterling is one of the best performing currencies in the global G-10 complex over the past 24 hours.
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Those expecting further depreciation in Sterling risk being wrong-footed by a potential recovery in the UK currency suggests Peter Rosenstreich, an analyst at Swissquote Bank who believes the marke…
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