Analysis of positioning data shows hedge funds have raised bets for a recovery in the British Pound, while asset managers have reduced their 'shorts' against the currency.
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"Better, but not good," is how Goldman Sachs analyst Michael Cahill describes the British Pound's prospects in the wake of Rishi Sunak's anointment as Prime Minister.
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The Pound has reversed all of its post-budget losses but some strategists say it could be likely to unravel again before year-end and have advocated that clients sell Sterling against the Dollar fo…
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The Pound got off to a strong start this week but its rebound stalled after former Chancellor Rishi Sunak was confirmed as the next Prime Minister in waiting following a Conservative Party lea…
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The Pound to Dollar exchange rate surged into the London close on Friday amid a spectacular rally from the Japanese Yen that appeared to drive a market-wide slump in Dollar exchange rates and was f…
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Pound Sterling was wallowing deep in the red against most counterpart currencies ahead of the weekend with dire economic figures and the Prime Ministerial selection process dominating the agenda wh…
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Pound Sterling stumbled into the final session of the week after Office for National Statistics (ONS) data suggested UK retail sales crumbled in September, effectively erasing more than two years o…
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