Pound in Longest Losing Run Since Brexit as Expanded QE Begins

Updated on
  • Sterling drops for fourth day versus dollar on BOE stimulus
  • U.K. five-, 10-year government-bond yields fall to records

Pound in Longest Losing Run Since Brexit Vote

The pound fell for a fourth day, its longest losing streak since the Brexit vote, as the Bank of England started its expanded monetary easing program.

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