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Sterling’s strength exposes the dollar’s decline
Sterling’s recent rally has little to do with the UK economy suddenly outperforming expectations. It has everything to do with the dollar falling out of favour.When the pound hit $1.365 this week—its ...
In that outcome, key support levels would be the July 2 daily low at 1.3561, followed by 1.3500 and the 50-day SMA at 1.3473.
Before taking office last July, UK Chancellor of the Exchequer Rachel Reeves met business leaders over a series of breakfasts that became known as the smoked salmon and scrambled eggs offensive.
Sterling slipped 0.3% and last fetched $1.3601 against the U.S. dollar, while the pound was broadly unchanged against the ...
The end of Trump's 90-day 'reciprocal tariff' pause is fast approaching, and an EU-US trade deal looks a long way off. Will ...
The recent ECB Forum on central banking saw the heads of the main central banks espousing similar musings on the economic ...
House prices were flat last month as a slowdown in the jobs market and concerns about the economy knocked confidence, an ...
A shopper who said he’ll keep coming if tariffs cause price increases: “It is what it is. Just like gas prices, milk prices, ...
In Asia, a busy week of central bank decisions and key inflation data lies ahead. Monetary policy decisions will be in focus in Australia, New Zealand, South Korea, Malaysia and Thailand, while fresh ...
Welcome to the Money blog, Sky News' personal finance and consumer hub. A development chef who creates biscuits for McVities ...