The Pound was the dominant international currency up until the 1940s but changes to the financial system and new trading ...
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Pound sterling slumps to $1.24 in the face of dominant dollarPound sterling fell sharply at the start of the year as a combination of weak economic data and divergent bets on the path of interest rates across the Atlantic contributed to a sell-off.
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Sterling's fall a problem and solution in UK gilt joltAs recently as December, many market players had been building sterling ... There's no sign yet of wider debt market dislocations, like those seen in 2022, and while implied pound volatility ...
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