Sterling Rises Following Encouraging UK PMI Data, Dollar Weakens Across the Board

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<p>Sterling rises notably against Euro and Dollar today, buoyed by encouraging UK PMI data that pointed to a strong start for the year with renewed growth momentum. More importantly, this data suggests that BoE might need to delay its rate cut plans, as inflationary pressures could potentially resurge due to supply disruptions in the Red […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/536696-sterling-rises-following-encouraging-uk-pmi-data-dollar-weakens-across-the-board/">Sterling Rises Following Encouraging UK PMI Data, Dollar Weakens Across the Board</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>