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16 Sept 2026 · 21:09 GMT+3

The Pound sinks as the Fed overtakes the BoE

The Pound trades just under 1.3400, 91 pips lower and down 0.68%. The Fed took its rate to 3.75-4.00% and, measured at the midpoint of the new range, American money now pays more than British money for the first time this year.

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