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EURGBP - FTSE 100 mixed; construction PMI data watched

04-10-2024 01:31

U.K. equities started mixed on Friday. The top risers were Chemicals, Personal Goods and Household Goods sectors; while Electricity, Media and Tobacco were the top fallers. At the market open in ...

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Where to next for the pound as it plunges amid BoE rate cut possibility?

GBP/USD falls to two-week low while EUR/GBP rises as BoE's Bailey hints at potential rate cuts, prompting traders to reassess monetary policy expectations.​ ...

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EUR/GBP falls below 0.8400 due to rising likelihood of a rate cut by ECB

EUR/GBP retraces its recent gains, trading around 0.8390 during the Asian session on Friday. This downside could be attributed to the lower inflation reading in the Eurozone increasing expectations of ...

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GBP/USD and EUR/GBP analysis: What next for sterling?

The GBP/USD exchange rate suffered a harsh reversal this week as the US dollar index (DXY) staged a strong comeback. It retreated to 1.3090, its lowest point since September 12, and 2.24% below its ...

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Portugal shares lower at close of trade; PSI down 0.73%

Portugal equities were lower at the close on Thursday, as losses in the Utilities, Technology and Telecoms sectors propelled shares lower. At the close in Lisbon, the PSI lost 0.73% to hit a new ...

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