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News 2026-09-21 08:51 UTC

Sterling Under Pressure as BoE Rate-Hike Bets Ease

Sterling remained below $1.34 as traders slightly pared back expectations for Bank of England rate hikes amid a decline in oil prices. Brent crude eased toward $100 a barrel after US President Donald Trump left the door open to diplomacy with Iran, helping to reduce fears of an imminent supply shock, while stronger reg