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UK Pound hits two-month low as dollar surges and BoE holds rates

The British pound has fallen to its lowest point in two months. This happened as the US dollar strengthened due to expectations of interest rate hikes in America. The Bank of England decided to keep borrowing costs unchanged. This cautious approach by the Bank of England contrasts with recent moves by other central banks.

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morningstar.com

economictimes.indiatimes.com

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economictimes.indiatimes.comStai leggendo1 mese fa

UK Pound hits two-month low as dollar surges and BoE holds rates

originale

morningstar.com1 mese fa

Sterling Loses 0.66% to $1.3205 — Data Talk

British pound falls 0.66% to $1.3205, at 4-month low; down 1.65% in two days and 11.22% since pre-Brexit. UK cloud services and vendor costs rise for European tech teams; ongoing GBP weakness signals persistent post-Brexit currency pressure on tech spending.

Timeline cronologica

martedì 16 giugno 2026·morningstar.com
Sterling Gains 0.10% to $1.3427 — Data Talk
British pound/dollar: 1.3427 dollars per British pound (0.7448 British pound per dollar)
mercoledì 17 giugno 2026·morningstar.com
Sterling Loses 1.00% to $1.3293 — Data Talk
British pound/dollar: 1.3293 dollars per British pound (0.7523 British pound per dollar)

UK Pound hits two-month low as dollar surges and BoE holds rates

Sterling Loses 0.66% to $1.3205 — Data Talk

Timeline cronologica

Sterling Gains 0.10% to $1.3427 — Data Talk

Sterling Loses 1.00% to $1.3293 — Data Talk

UK Pound hits two-month low as dollar surges and BoE holds rates

Sterling Loses 0.66% to $1.3205 — Data Talk

Sterling Loses 1.28% to $1.3235 — Data Talk