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Sterling's effects

Angus Armstrong has a good piece on sterling’s fall. I just want to add one point, which my chart makes. It plots sterling’s trade-weighted index against UK non-oil exports relative to world trade volumes. If a fall in the pound...
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The pound tumbles below $1.30

Business & Finance : Business Insider: Clusterstock

The pound is at a 1-month low against the dollar after falling in early trade on Thursday. Sterling is lower by around 0.35% against the dollar to trade at $1.2967 at around 10:45 a.m. BST (5:45 a.m. ET). The pound fell as low as $1...

The pound crashed back below $1.30

Business & Finance : Business Insider: Clusterstock

The pound is at a more than one-month low against the dollar after falling during trading on Tuesday. Sterling is lower by almost 0.5% against the dollar to trade at $1.2966 at around 1:40 p.m. BST (8:40 a.m. ET). The pound fell as ...

10 things you need to know in markets today

Business & Finance : Business Insider: Clusterstock

Good morning! Here's what you need to know in markets on Friday. The pound plummeted overnight in a suspected "flash crash." Sterling continues to suffer, falling as much as 6% against the dollar in Asian trade. The pound is down 1....

The pound is suffering

Business & Finance : Business Insider: Clusterstock

The pound dipped below $1.22 on Friday morning, with no let up in sight for sterling. After rising against the dollar on Thursday, the pound is falling again against the dollar in early trade, extending sterling's dreadful run for y...

The pound is falling again

Business & Finance : Business Insider: Clusterstock

The pound's rally is already running out of steam after just one day. Sterling gained on the dollar and euro on Tuesday thanks to a weak dollar and the return of inflation prompting traders to bet against a November interest rate cu...

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