Pound loses as Fed and BOE Rate expectations differ

Note: This section contains information in English only.
Source: Bloomberg
The U.K. pound dropped the most in four months against the greenback as the Fed and BoE gave oppposite signals on the future rate of yields. The U.K. currency depreciated 0.9% to $1.6491 as of 4:58 p.m. London time, the biggest drop unseen since November 1. It dropped to $1.6476 on Friday trading session, the weakest since February 12. The U.K. currency traded at 83.65 pence per Eurozone's currency after it slid to 84 pence on March 19, the lowest level since Dec. 25.

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