Written by - Amanda Dunn

Pound (GBP) supported by hawkish BoE repricing

The pound ( GBP ) trended broadly higher through yesterday’s session as the currency continued to be underpinned by hawkish Bank of England (BoE) interest rate bets.

Sterling gains were also aided by the weakness of many of its peers.

Meanwhile, the UK’s latest GDP figures surprised to the upside this morning, with a 0.3% expansion in the second quarter, potentially helping the pound maintain its bullish momentum today.

Euro (EUR) subdued amid Trump-Putin meeting uncertainty

The euro ( EUR ) was muted on Wednesday amid a sense of caution ahead of US President Donald Trump’s meeting with his Russian counterpart later in the week.

EUR investors are wary that any potential deal agreed between the two powers mig

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