Jonathan Cook
on August 15th, 2024 Whatever optimism the pound drew from the inflation numbers was bittersweet. Despite coming in cooler than expected, price rises still ticked up from June’s 2% to 2.2%. GBP/USD is going strong, yet GBP/EUR has fallen by 2% since last month. More Bank of England rate cuts are not a sure thing just yet.
GBP/USD: the past year
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