Pound Swings as Weaker U.S. Data Offset BOE Stimulus Speculation

Updated on
  • BOE’s Weale supports stimulus after U.K. PMIs signal slowdown
  • Central bank set to announce policy decision on Aug. 4

Bank of England Hints Back Stimulus Expectations

The pound fluctuated between gains and losses as prospects of more stimulus from the Bank of England and weak U.S. economic data pulled it in opposing directions.

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