Sterling showing clear signs of recovery, but still a way to go.
The UK Services PMI of 53.3 boosted Sterling, but market prices are affected by interest rate decisions and inflationary pressures, which are influenced by monetary policy makers.
Dave Huggett
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Another rate rise, but this time its different.
The US Dollar’s popularity is decreasing as investors search for higher returns in riskier assets and focus on how interest rate decisions are made.