Jul 17, 07:38 AM

Sterling Hits $1.30 for First Time in a Year After Biggest Weekly Jump

Sterling has risen to $1.30 against the US dollar for the first time in a year, following its biggest weekly jump in 2 months. This increase follows the release of higher-than-expected UK services inflation data. The British pound has been steady near recent highs, with market attention focused on upcoming inflation data.

#US #UK #British

Written with ChatGPT (GPT-4o).

Sources

CNBC@CNBC
1 year ago
British pound breaches $1.3 for the first time in a year as Labour seen ushering in stability https://t.co/skwu12Q41H
Insider Paper@TheInsiderPaper
1 year ago
BREAKING: Pound hits one-year high above $1.30 READ: https://t.co/pGQAfRy6sw https://t.co/kCkMzbRLe7
Reuters@Reuters
1 year ago
Sterling rises after higher-than-expected UK services inflation https://t.co/i17lmOFSMQ https://t.co/CK63Gq8sZQ

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Sterling Hits $1.30 for First Time in a Year After Biggest Weekly Jump

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