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Monday, January 11, 2021

GBP to USD Exchange Rate Hits New January Worst as BoE Negative Rate Bets Rise

Concerns about surges of coronavirus infections in Britain, combined with rising speculation that the Bank of England (BoE) could introduce negative interest rates soon, have left the British Pound to US Dollar (GBP/USD) exchange rate tumbling today. A rebounding US Dollar has been able to more easily capitalise on the Pound̢۪s losses. The...

* This article was originally published here

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