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Pound Climbs Against Majors
(RTTNews) - The pound rose against its major counterparts in the New York session on Tuesday.
The pound rose to 5-day highs of 197.63 against the yen and 1.1314 against the franc, off its early lows of 196.61 and 1.1258, respectively.
The pound touched 0.8275 against the euro, setting a 4-day high.
The pound edged up to 1.2574 against the greenback.
The next possible resistance for the currency is seen around 204.00 against the yen, 1.15 against the franc, 0.81 against the euro and 1.28 against the greenback.
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Pound Rises Amid Risk On Mood
The British pound strengthened against other major currencies in the European session on Thursday amid risk-on mood by the investors, as a bond market sell-off stabilized and dovish Fed comments coupled with weak U.S. data reinforced rate-cut bets.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
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Pound Slides After UK Starmer's Reshuffle
The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline.
In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Tuesday.
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Yen Slides Amid BoJ Rate Hike Uncertainty
The Japanese yen weakened against other major currencies in the European session on Tuesday, due to the uncertainties surrounding the probable timing of the Bank of Japan's (BoJ) next interest rate hike.
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Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the European session on Tuesday.
RTTNews
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U.S. Dollar Falls Amid Rising Fed Rate Cut Bets
The U.S. dollar weakened against other major currencies in the late Asian session on Monday, due to growing speculation that the U.S. Federal Reserve (Fed) may lower interest rates at its September meeting.
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