Sterling set for first weekly rise vs dollar since mid-January ...Middle East

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Sterling set for first weekly rise vs dollar since mid-January
source : Devdiscourse ( Middle East ) () 48
Sterling was on track for its first weekly rise versus the dollar since mid-January on increasing risk appetite and some solid British economic data. Traders see the pound as a "risk currency" that moves in line with similar assets, most typically equities, and global shares capped a record-breaking week after U.S. chipmaker Nvidia's blockbuster earnings energised tech stocks.

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