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GBP/USD holds near $1.42 as UK inflation surges

The US dollar suffered an aggressive selloff on Tuesday, amidst a prevailing risk-on mood and dovish Federal Reserve expectations.

Weekly roundup: Pound surges as SNP fails to ...

The pound shot higher last week, as the reduced threat of a Scottish independence referendum helped to clear some of the political uncertainty which h

Pound hits two-month high on reopening ...

The pound rallied on Monday as the reopening of another large part of the UK economy helped bolster economic optimism.

USD tumbles as US retail sales disappoint

The US dollar tumbled on Friday as USD investors were dismayed by a stalling of domestic retail sales last month.

US dollar slips as US Treasury yields drop

The US dollar fell back on Thursday, giving up some of the previous day’s gains in response to a drop in US Treasury yields.

USD rallies as US inflation soars

The US dollar rallied on Wednesday as investors reacted to a stunning rise in US inflation last month.

Pound climbs as UK GDP beats expectations

After making modest gains on Tuesday, the pound looks to extend its rally following the UK’s latest GDP release.

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