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BOE rate hike could weigh on demand(June 8)

Wendy by Wendy
08/06/2023
in BOE, GBP, News
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In the Asian session on Thursday (June 8), the latest price of GBP/USD was 1.2447, and the opening price was 1.2437. The UK housing market improved slightly in May, but further rate hikes by the Bank of England are expected to put more pressure on demand and prices in the coming months, according to surveys.

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MydayFinance (www.mydayfinance.com) is a comprehensive foreign exchange industry website, providing global users with 24-hour comprehensive and timely foreign exchange market information, foreign exchange rate real-time query, foreign exchange rate conversion and other content.

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  • What Are the Letters in Singapore Dollar? 04/10/2024
  • How Much Was One Ruble Worth in 1986? 04/10/2024
  • Is the Pound Sterling Getting Stronger? 04/10/2024
  • Did the Bank of Canada Bring the Policy Rate Down to 4.5%? 04/10/2024
  • Does Greece Use the Euro? 04/10/2024

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