Tuesday 25 February 2020
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Brecorder News - 1 month ago

Sterling rallies after UK jobs growth weakens case for rate cut

The pound rose as much as 0.3pc to $1.3050, up from around $1.3010 before the data was released. Purchasing Managers Index surveys on Friday will provide a clue as to whether that rebound occurred. Sterling remains vulnerable in the short term, given positioning Kit Juckes, an analyst at Societe Generale said LONDON: Sterling gained on [ ]


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