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The pound fell and UK bonds rallied as traders added to bets on interest-rate cuts from the Bank of England after data showed a sharp deterioration in the labor market.
The pound dipped more than 0.4% against the dollar on Tuesday after a jobs report that showed a cooling UK labour market. Sterling was just below the $1.35 mark, having sustained a rally in recent ...
GBP/USD stays under heavy bearish pressure on Tuesday and trades below 1.3500 as Pound Sterling struggles to find demand ...
Investing.com - The U.S. dollar rose Tuesday, boosted by signs that tensions between China and the U.S., the world’s two ...
Unemployment is expected to tick slightly higher to 4.6% from 4.5%, though the jobs data comes with all the usual caveats ...
The jobs data does clearly indicate that the labour market in the UK is deteriorating, which has increasingly become a focus ...
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GBP/USD closed the last 4-hour candle above the 20-period Simple Moving Average (SMA) on the 4-hour chart and the Relative ...
The pound pulled back slightly against the dollar on Friday in European trading hours, dipping almost 0.3% to trade around the $1.354 mark. Sterling's rally has sent it to its highest point against ...
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