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GBPUSD Tumbles as Strong US Jobs Data Boosts Dollar; BoE Holds Rates

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Sterling fell and gilt yields rose after the BoE held rates and slowed gilt sales, but the move was mainly driven by stronger US jobs data that boosted the dollar and pushed global yields higher.
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GBPUSD price history

1.35 +1.50% over the displayed period

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