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Investing.com -- Sterling has room for a mild recovery as it appears oversold following recent declines, according to Ebury economist Enrique Diaz-Alvarez. In a note, Diaz-Alvarez stated that while...
Investing.com - The British pound remains resilient despite market expectations for Bank of England rate cuts, according to a new Bank of America analysis released Monday. BofA notes that while...
Investing.com -- Shares of Melrose Industries (LON:MRON) rose more than 6% on Friday after the aerospace and defense firm reported first-half profit and cash flow ahead of expectations, even as it...
Investing.com - Deutsche Bank (ETR:DBKGn) suggests the British pound may be poised for a short-term recovery against the euro despite maintaining its overall bearish outlook for sterling through...
Investing.com -- British stocks slipped on Friday, while the pound dropped below $1.35, as data showed U.K. retail sales increased but fell short of expectations. The blue-chip index FTSE 100 slipped...
Investing.com -- The pound fell to its weakest level against the euro in four months on Friday as British gilt yields declined on soft economic data, contrasting with higher European yields. The euro...
Investing.com -- Bank of America (BofA) remains optimistic but cautious on the British pound, pointing to a difficult start to the second half of the year and a buildup of negative sentiment driven by...
Investing.com - The United Kingdom (TADAWUL:4280) reported higher-than-expected government borrowing of £20.7 billion for June, surpassing forecasts from the UK fiscal watchdog, according to...
Investing.com -- A deeper slide in EUR/USD could spark substantial unwinds from commodity trading advisors (CTAs), according to Bank of America (BofA) latest Systematic Flows Monitor. The report shows...
Investing.com - Goldman Sachs believes the U.S. dollar's recent firmness shows signs of vulnerability that may signal an eventual reversal of its tactical bounce. The investment bank notes that...
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