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On Thursday, the British pound experienced a significant decline, which Capital Daily analysts attribute to a combination of factors including the Bank of England's (BoE) dovish monetary policy...
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St stocks start the week surfing new records into another earnings season and Federal Reserve testimony, while surprise French...
Investing.com - The U.K general election has resulted in a landslide victory for the opposition Labour Party, and UBS takes a look at the likely consequences of this result. As of 04:40 ET, Labour,...
Investing.com -- Central banks around the world have kicked off the rate-cutting cycle that will likely end with global rates much lower than expected, UBS says, as too much focused on recent noisy...
Investing.com -- The EUR/GBP pair ticked up 0.2% on Tuesday. This movement came after reports indicated a larger-than-expected decrease in UK employment alongside earnings figures that were marginally...
Investing.com – Prime Minister Rishi Sunak announced last week that the U.K. general election will be held on July 4. Here are the need-to-knows ahead of the poll. UK general election 2024 The...
Investing.com -- On Monday, the EUR/GBP pair showed signs that it might rise from its current levels after recent movements in the foreign exchange market. The pair, which had dipped below 0.8500,...
Analysts at ING stated that the EUR/GBP currency pair seems undervalued, following the United Kingdom's retail sales data which came in below expectations. The report released today showed a 2.7%...
Morgan Stanley (NYSE:MS) outlined its foreign exchange strategy, recommending investors to take short positions in the EUR/GBP currency pair, with a target set at 0.82. The firm's analysis suggests...
Investing.com -- On Wednesday, the upcoming Consumer Price Index (CPI) data for April is anticipated to be a significant indicator for the British pound's trajectory. Market expectations, as reflected...
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