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Discover Latest #Sterling News, Articles and Videos with Contenting
- ABC News ABC News features a wide variety of stories and videos related to sterling, a form of currency used in many countries. In addition to news stories about changes in the value of sterling and its impact on the global economy, ABC News also produces stories about the history of sterling, the British Royal Family's relationship with the currency, and other topics related to the currency. There are also videos about the making of British coins and the history of the Bank of England.
Is it Possible to Raise National Happiness? - Marginal REVOLUTION
That is a new paper by Alberto Prati and Claudia Senik, here is the abstract: We revisit the famous Easterlin paradox by considering that life evaluation scales refer to a changing context, hence they are regularly reinterpreted. We propose a simple model of rescaling based on both retrospective and current life evaluations, and apply it […]
Pound Sterling Price News and Forecast: GBP/USD steady near 1.35 as Powell hints at Fed cut
GBP/USD consolidates during the North American session on Monday after last Friday’s dovish tilt by the Federal Reserve Chair Jerome Powell, who said that risks to the labor markets are rising, an indication that monetary policy is cooling the jobs market.
EUR/AUD and GBP/AUD extend declines, deeper losses in view - Action Forex
Aussie firmed notably after July’s CPI data came in much stronger than expected. The print reinforces the case for the RBA to maintain its gradual easing pace, removing any immediate scope for a faster round of rate cuts. Aussie’s gains were evident against the Euro and Sterling, with both crosses under renewed downside pressure.
Pound Sterling Price News and Forecast: GBP/USD dips to 1.3457 as Fed turmoil boosts US Dollar rebound
GBP/USD drops over 0.16% on Wednesday as the US Dollar (USD) continues to recover some ground, courtesy of the White House's threats to the independence of the Federal Reserve (Fed), which triggered a rise on the long end of US Treasury bond yields.
Dollar Softens, Yen Leads as Markets Eye ECB Minutes - Action Forex
In currency markets, Dollar softened as this week’s rebound lost steam. Overall trading remained subdued with no major catalysts. Yen led gains on the day, followed by Loonie and Swiss Franc. On the downside, Euro lagged most, trailed by Dollar and Kiwi, while Sterling and Aussie held middle ground.
Pound Sterling Price News and Forecast: GBP/USD opens the door to a visit to 1.3600
The British Pound (GBP) is rapidly recovering from Friday’s hiccup and manages to regain composure on Monday, lifting GBP/USD past 1.3500, a figure in a context dominated by the widespread selling bias in the US Dollar (USD).
Sterling outlook softens amid sticky inflation
Sterling’s outlook is bearish as sticky, services-led inflation (3.8% core; 5% services y/y), slowing and unbalanced growth, and tight public finances weigh on GBP. The Bank of England is likely to deliver one more 25 bp cut in November and then pause, with markets sceptical of further easing. A cooling labour market, weak goods exports, and a pivotal October Budget keep volatility risks elevated.