Pound US Dollar Exchange Rate News: GBP/USD Weakened on Fears over UK Economic Growth Plans

Pound (GBP) Slipped on Economic Growth Concerns The Pound (GBP) struggled for demand on Friday amid a lack of economic data. An uninspiring speech from Chancellor Jeremy Hunt failed to inspire confidence ahead of the interest rate decision from the Bank of England (BoE) next week. With economists and analysts...

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Pound US Dollar (GBP/USD) Exchange Rate Climbs Despite Slip in UK Inflation

Pound US Dollar (GBP/USD) Exchange Rate Rises amid Risk-On Mood The...

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Pound Euro Exchange Rate News: GBP/EUR Traded Erratically amid Mixed UK Jobs Data

Pound (GBP) Undermined by Climbing Unemployment The Pound (GBP) saw mixed success on Tuesday in the wake of a flurry of jobs data. Overall, investors remained concerned with the labour market as the unemployment figure edged up. The unemployment figure increased for the third consecutive month to 3.7%, but still...

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USD To GBP: Convert United States Dollar to British Pound Sterling - Forbes

USD To GBP: Convert United States Dollar to British Pound Sterling  Forbes

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Week Ends With a Disappointing U.S. Producer Price Report

Some Asian stock markets continued to rally on China’s announced relaxation of Covid restraint measures, which lessens a significant demand depressant in that key economy, but financial markets elsewhere around the world continue to fret over stagflation and the tightening of monetary policies. Next week will be the last one of 2022 before year-end conditions […]

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Peru and Serbia

At other central banks, the restoration of price stability remains the dominant priority. The Central Reserve Bank of Peru’s interest rate benchmark has undergone a fourth straight 25-basis point hike, reaching 7.5% versus 0.25% at the end of 2020 and 2.5% at the end of 2021. Peruvian inflation accelerated 0.2 percentage points to 8.45% in […]

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Incremental Size of Norwegian Rate Hike Reduced but Normalization Process Not Over

The Bank of Norway’s policy interest rate had been slashed early in 2020 from 1.50% to zero percent, where such remained from May of that year until a 25-basis point increase in September 2021. Two more 25-bp increases were done in September and December of last year, and with inflation intensifying, a trio of 50-basis […]

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