Sterling hovers near six-month high underpinned by BoE rate hike expectations

The pound is maintaining its position close to a six-month peak against the dollar, buoyed by expectations of interest rate hikes. However, analysts predict a minor decline in currency value as year-end economic data rolls in. Attention turns to soaring government debt ahead of the October budget announcement, as the UK aims for significant investments in affordable housing in London.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.