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Sterling edged higher to $1.325 but remained close to its weakest level in three months, as investors digested a series of hawkish comments from Bank of England policymakers, while growing expectations of further Fed rate hikes continued to support the US dollar. BoE Governor Andrew Bailey said persistently high energy
LONDON, Sept 18 (Reuters) — The pound rose slightly on Friday after figures showed UK retail sales unexpectedly rose in August, continuing a string of recent upbeat data that has increased pressure on the Bank of England to hike interest rates. Retail sales volumes rose 0.5% from July, beating economists' forecasts in