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British Pound climbs as soft US inflation data hurt Fed hawkish bets

The Pound Sterling (GBP) registers modest gains versus the Greenback on Thursday as US inflation data in the producer side came in below or in line with estimates, showing that the disinflation process continues. At the time of writing, the GBP/USD pair trades at 1.3503, up 0.06%.

British Pound climbs as soft US inflation data hurt Fed hawkish bets

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