Pound Sterling Exchange Rate Forecasts, Currency News, Predictions and Outlook
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The article provides updates on the pound sterling exchange rate forecasts, currency news, predictions, and outlook. It mentions that the pound sterling is being weighed down by a dovish shift in Bank of England (BoE) rate cut expectations, leading to a weakening of the pound. The FTSE has broken to new all-time highs while the sterling slides due to the dovish shift in the BoE. The article also highlights that markets are on alert for a potential yen intervention by the Bank of Japan. Overall, the pound's exchange rates are dominated by speculation about the BoE's actions. The pound has also slumped to a three-month low against the Canadian dollar. The article provides various news updates related to the pound sterling, the BoE, the UK economy, and exchange rate forecasts.
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