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Investing.com - Sterling has struggled of late, weighed by concerns surrounding the UK’s financial position. UBS sees the potential for further losses near term, but thinks the fiscal concerns are...
Investing.com - The US dollar edged higher Friday, but was on course for a weekly loss after core inflation eased, while sterling retreated following the release of weak retail sales data. At 04:30 ET...
Investing.com - The US dollar steadied Thursday after the prior session’s losses in the wake of cooler inflation, while sterling slipped lower following the release of weak growth data. At 04:45 ET...
Investing.com -- Alan Taylor, the most recent appointee to the Bank of England's (BoE) interest rate-setting body, has called for a swift reduction in interest rates in response to indications of an...
Tthe United Kingdom (TADAWUL:4280) reported a surprising dip in inflation for December, with the rate falling to 2.5% from November's 2.6%, coming in below the consensus forecast of 2.6%. This...
Investing.com -- IBES earnings per share (EPS) growth estimates for Q4 2024 have been sharply reduced to just 2% for Europe, compared to a more modest cut to 8% in the United States, according to ...
UK-exposed assets witnessed a significant sell-off on Friday, triggered by a confluence of spillovers from the US bond market and apprehensions regarding the UK's economic growth and fiscal...
On Monday, Bank of America (BofA) highlighted potential vulnerabilities in foreign exchange (FX) positions post the U.S. nonfarm payrolls (NFP) release, noting light investor flows into the payroll...
Investing.com -- The British pound continued its recent decline against the dollar and the euro on Monday, driven by rising investor worries about the fiscal sustainability of Britain as gilt yields...
Investing.com -- Despite recent market upheaval, Rachel Reeves remains secure in her role as Chancellor of the Exchequer, according to Cabinet Office Minister Pat McFadden, a close associate of Prime...
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