That means that the American dollar would be considerably
weaker than the pound.
Not exact matches
NEW YORK / LONDON, May 1 - London cocoa futures on ICE rose to the highest since 2016 on Tuesday, buoyed by the
weak British
pound, while robusta coffee surged more
than 3 percent within one minute to a 5 - 1 / 2 - month high after a flurry of automatic buy orders were triggered.
Gold was pressured by strength in the dollar (DX from 91.48 — 91.90), which was boosted by a
weaker euro ($ 1.2139 - $ 1.2072, lower
than expected reading on German Retail Sales), and
pound ($ 1.3791 - $ 1.3713, UK Home Secretary Rudd steps down in immigration scandal).
UK stocks (as measured by the FTSE 100 Index) offer the highest dividend yield of any major region (as measured by the MSCI World Index).1 UK valuations are the cheapest relative to the rest of the world in 15 years.2 What's more, FTSE 100 Index companies with more
than 70 % of their revenues from abroad stand to benefit from the
weaker pound.
A stable economy and unemployment rate coupled with an inflation overshoot would more
than likely see the markets begin to price back in a May hike that should see the
Pound recover to $ 1.40 levels, while
weak numbers will be another reason for BoE to stand pat.
The Euro is
weaker than is was at the time, meaning that we have a strong
pound.
The Nigerian currency lost one point to exchange at N363,
weaker than N362 posted on Thursday, while the
Pound Sterling and the Euro closed at N496 and N429, respectively.
Weighing an average of 550
pounds (250 kilograms), this saber - toothed cat, Smilodon fatalis, had a
weaker bite
than modern - day lions.
Next, the
pound got slapped lower on Tuesday when the U.K.'s October CPI report was released since since headline inflation in the U.K. only printed a
weak 0.1 % month - on - month rise, missing expectations for a 0.2 % increase and slower
than the previous month's +0.3 %.