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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 (NYSE:BAC) (BofA) highlighted potential vulnerabilities in foreign exchange (FX) positions post the U.S. nonfarm payrolls (NFP) release, noting light investor flows into the...
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...
By Tom Westbrook and Greta Rosen Fondahn (Reuters) -The dollar looked set to log a sixth straight week of outperformance against other currencies on Friday, underpinned by elevated bond yields and...
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