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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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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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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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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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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The British Pound will this week encounter another key economic release in the form of CPI inflation for June which will determine whether the Bank of England will deliver a second consecutive 50 b…
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Pound Sterling remained the outperformer among major currencies for the year in the final session of the week but the rally is at risk of inviting increased prices of imported goods with potential …
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