Pound Gains Against Dollar and Euro as Inflation Firms Rate-Hike Bets
Sterling rose slightly after hotter-than-anticipated inflation data strengthened expectations for a Bank of England rate hike next month. GBP/USD was up 0.1% at $1.339.
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Sterling rose slightly after hotter-than-anticipated inflation data strengthened expectations for a Bank of England rate hike next month. GBP/USD was up 0.1% at $1.339.