19 July 2024 Slump in Retail Sales Sees Pound Extend Pullback

Pound Sterling continues to retreat from recent highs, helped along the way by UK retail sales data that showed a sharp slump in activity in June.

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18 July 2024 On-point Wage Data Prompts Unwind of Pound Sterling Strength

Just-released wage data are no smoking gun for an August interest rate cut, however Pound Sterling's bullish run could be entering a consolidative phase against the Euro and Dollar.

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17 July 2024 Pound Boosted by Another Services Inflation Surprise

Pound Sterling defended its recent gains after UK inflation hit the target in June and left markets none the wiser as to whether the Bank of England would proceed with an interest rate cut in Augus…

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16 July 2024 Pound Sterling's Safe-haven Status Returns

The British Pound rises as it rebuilds its long-lost status as a safe-haven currency.

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12 July 2024 Pound Sterling's Star Can Continue to Rise: XTB

The British Pound is the best performing G10 currency of 2024. Kathleen Brooks, research director at XTB, explains why.

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11 July 2024 GDP Boosts Pound to Multi-month Highs against Euro and Dollar

Pound Sterling rose after the UK's GDP rose more than expected in May, lessening the odds of an interest rate cut on August 1.

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10 July 2024 Pound Sterling Rises After Pill Pares Bank of England Rate Cut Bets

Analysts at Capital Economics say Pound-Euro could now be set for a protracted spell of depreciation.

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