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...Sterling fell against the dollar on Tuesday after an unexpected jump in UK unemployment led traders to raise their bets on how many times the Bank of England will cut interest rates this year....
...Sterling strengthened as traders pushed back their bets on interest rate cuts from the Bank of England after UK inflation slowed less than expected in March....
...Charles Mercey Tellisford, Somerset, UK...
...Sterling edged up against the US dollar after slightly cooler than expected UK inflation data....
...Sterling extended early losses against the dollar to trade down 0.4 per cent on the day at $1.273 after the Bank of England held rates at a 16-year high of 5.25 per cent for the fifth consecutive meeting...
...Sterling slid against the dollar after wage growth in the UK slowed slightly more than expected, supporting expectations that the Bank of England will deliver multiple interest rate cuts this year....
...The moves take sterling’s gains to 1 per cent against the greenback so far this year....
...The bottom line is that the stars are aligning for a sterling rally over the coming months....
...King Charles III has been diagnosed with a form of cancer, Buckingham Palace said on Monday....
...Sterling nudged lower after the UK’s headline inflation rate unexpectedly held steady in January....
...The Bank of England kept rates steady at 5.25 per cent on Thursday as governor Andrew Bailey warned there was “still some way to go” before inflation hit its target....
...The euro and sterling fell to their weakest levels against the dollar since November on Friday at $1.0642 and $1.245, respectively, while the yen sank to a 34-year low, before recovering to ¥153.28....
...Here, HTSI contributing editor Nicola Moulton speaks with Professor Bader (who famously uses the cream before shaving) and his co-founder and CEO Charles Rosier about adapting the brand for different markets...
...King Charles III has been diagnosed with cancer, Buckingham Palace said on Monday....
...Andrew Bailey struck an upbeat note about the Bank of England’s efforts to quell inflation on Wednesday, insisting the latest data shows the UK is “pretty much on track” with the central bank’s forecasts...
...After Thursday’s announcement, sterling fell against the dollar to trade down 0.9 per cent on the day at $1.267....
...Liz Truss considered sacking Andrew Bailey as BoE governor after mini-Budget...
...“I was a democratically elected prime minister and Andrew Bailey is an appointee with an eight-year term, which makes him very hard to sack,” she added....
...A memoir from Charles Spencer, brother of Diana, the late Princess of Wales, offers a different context for the discussion....
...The other outlier sterling trades were EUR/GBP and GBP/CAD....
...Sterling held steady after official figures showed that the UK economy grew slightly more than expected in November with a 0.3 per cent rise in GDP....
...Sterling recovered from early morning losses against the dollar on Wednesday after December’s inflation print was stronger than expected, adding some pressure to the Bank of England in its battle to fight...
...Markets shrugged off the Bank of England’s decision to hold interest rates at 5.25 per cent, leaving sterling down 0.36 per cent against the dollar on the day at $1.2651....
...Charles MerceyTellisford, Somerset, UK...
...The star is Andrew Scott, giving a crackerjack performance as middle-aged scriptwriter Adam....
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