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Posts Tagged ‘Bailey’

Sterling Holds Firm, Euro Weakens, Dollar Gains as US Election and Central Banks Take Focus

By Currency Global | October 23, 2024

GBP Sterling has been one of the best-performing major currencies in 2024, thanks to the Bank of England’s cautious stance on cutting interest rates and better-than-expected economic data earlier in the year. If the upcoming budget is well received, and the BoE continues to take a measured approach to rate reductions, the Pound could maintain…

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