26 July 2023 Pound Sterling Underpinned by Multi-month High in Consumer and Business Confidence Readings

Pound extends recovery against Euro & Dollar, UK consumer confidence at 18-month peak.

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23 July 2023 Pound to Take Direction from ECB and Fed this Week

The British Pound is under pressure and has lost its crown as 2023's best-performing major currency after it was revealed last week that UK inflation rates had fallen substantially in June and the …

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21 July 2023 Retail Sales Boost Offers Pound Sterling a Temporary Floor

The British Pound could find some near-term direction from UK retail sales, out shortly at 7AM BST, but any moves will likely be faded as the broader readjustment in the wake of Wednesday's inflati…

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19 July 2023 Pound Sterling Hurtles Lower against Euro and Dollar Following "Watershed" Inflation Reading

Good news for households and businesses as UK inflation came in well below expectation in June, but for the British Pound the slowdown in price rises could spell weakness.

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18 July 2023 Pound Sterling Buries the 'Emerging Market Currency' Tag

Pound Sterling is very much a Developed Market currency according to a new research note from the FX research team at investment bank Nomura.

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18 July 2023 Traders Lighten Pound Sterling Exposure Ahead of CPI Release, Comes Off Highs against Euro and Dollar

As is often the case ahead of potentially major market-moving events, traders opted to cut back exposure to the British Pound in the lead-up to the midweek UK inflation release.

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17 July 2023 Pound Sterling: Investors in $4.7BN Bet it Will Go Higher

Speculative investors have boosted 'long' exposure to the British Pound by a further 58,063 contracts, according to positioning data from the CFTC.

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