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News 2026-07-15 12:14 UTC

Sterling Edges Higher on Weaker Dollar, Iran Tensions Cap Gains

() -- The British pound strengthened against the US dollar during Wednesday's Asian session as weaker US inflation pressured the greenback. US annual consumer inflation slowed to 3.5% in June from 4.2% in May, below the 3.8% forecast, while monthly CPI fell 0.4% after rising 0.5% previously, raising expectations of a l