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British Pound faces weekly losses as US PPI keeps Fed hawks in charge

The British Pound holds steady against the US Dollar on Friday, yet it’s poised to end the week with weekly losses of nearly 0.90%, trading at around 1.3230, up nearly 0.05% after the recent US producer inflation report reached its highest level since 2022.

British Pound faces weekly losses as US PPI keeps Fed hawks in charge

We haven't written up this one. FXStreet has the full story — the link below goes straight to it.

Read the original at fxstreet.com →

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Friday assorted links

1. Peru cancels the Moche sculptures for obscenity? 2. Claude translates from The Kalevela. 3. David Chalmers on AI speed-ups. 4. Cass Sunstein picks Bob Dylan’s best songs. 5. “Hobby dogging”? 6.

India's Road Fuel Demand Won't Peak Until 2034

India’s fuel demand for road transportation is nearly a decade away from peaking despite rising sales of electric two- and three-wheelers, as commercial transport and conventional fleets will keep…

  • India's road fuel demand to peak around 2034
  • EV sales lagging behind 2030 targets
  • $29 billion needed for charging infrastructure by 2040

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