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Search resuls for: "Pushkar Jha"


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LONDON, June 19 (Reuters) - The pound hit a 10-month high versus the euro on Monday as investors waited for British inflation data and a Bank of England decision later in the week. The pound was down 0.13% against the dollar at $1.281, not far below the 14-month high of $1.285 touched on Friday. Goldman Sachs said that, according to its trade-weighted measure of sterling, the pound is at its highest since mid-2016, just after the Brexit referendum. Reuters GraphicsThe latest British inflation data is due out on Wednesday. According to pricing in derivatives markets, traders expect rates to peak at around 5.8% in early 2024 as the BoE battles inflation.
Persons: Sterling, Goldman Sachs, Pushkar Jha, BoE, Harry Robertson, Susan Fenton Organizations: Bank of England, Goldman, " Bank of America, Barclays, Reuters, Thomson Locations: Britain, United States, Europe
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