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LONDON - The United Kingdom's economic outlook received a boost today as data revealed the Manufacturing Purchasing Managers' Index (PMI) for November rose to 46.7, climbing from October's reading of...
Traders and voters question the potential positive impact of new Tory fiscal policies on the British pound, despite intentions for lower taxes and reduced public spending outlined by Chancellor Jeremy...
WASHINGTON - In an array of economic updates, the US economy has exhibited mixed signals as initial claims for unemployment benefits fell sharply while durable goods orders experienced a significant...
The GBP/USD currency pair took a sharp dive today, reaching a level of 1.2456, which represents about a 0.63% decrease. This movement is largely attributed to recent U.S. economic data suggesting that...
The Office for Budget Responsibility (OBR) has provided an updated economic forecast indicating that the UK's peak debt-to-GDP ratio will reach 94% but is expected to comply with fiscal rules, showing...
The GBP/USD exchange rate experienced a slight decline today, dropping 0.09% to 1.2525 as the dollar saw renewed demand in the morning trading session in Europe. This minor retreat comes after the...
The dollar continued its downtrend on Tuesday as traders awaited the Federal Reserve's October meeting minutes and US Existing Home Sales data. The anticipation follows Monday's market sentiment that...
LONDON - The Pound Sterling gained strength following comments from the Bank of England (BoE) Governor Andrew Bailey, who addressed the Treasury Select Committee (TSC) on the Monetary Policy Report...
In the UK, Bank of England Governor Andrew Bailey has indicated that persistent inflationary pressures, particularly from high food and energy costs, may necessitate further interest rate increases....
Nigeria's currency, the Naira, experienced a turbulent week with significant fluctuations across different exchange platforms. Amidst ongoing liquidity issues and a lack of intervention from the...
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