Pound records strong week as London markets expects Bank to hike rates further

Pound records strong week as London markets expects Bank to hike rates further

City A.M.

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The pound has recorded its strongest week against the dollar in half a year as investors expect the Bank of England to keep hiking rates after the Fed has paused.  Across the week, the pound gained more than 1.5 per cent against the dollar to trade at over $1.2530 on Friday afternoon.  The pound performed [...]

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