Dollar slides on Fed rate cut expectations
Second day of losses for the US currency The US dollar fell for a second consecutive session on Wednesday, following an inflation report that strengthened market expectations for a Federal Reserve rate
Pound Slips as UK Growth Disappoints, Euro Rises
The British pound lost ground against the dollar on Friday after disappointing economic data, while the euro strengthened on news of a German debt deal. Sterling fell as much as 0.25% to
UK Inflation Rises to 3% in January, Exceeding Expectations
The UK’s **inflation rate** surged to **3%** in January, surpassing analyst expectations, according to data released by the **Office for National Statistics (ONS)** on Wednesday. Economists polled by **Reuters** had forecast a