LONDON—Sterling and the euro fell on Thursday as Prime Minister Liz Truss defended her government tax-cutting budget, while relief at the Bank of England’s intervention in bond markets faded.
Investors also awaited German inflation data.
Sterling Volatile as PM Defends Plan, Euro Drops With Inflation Data in Focus
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Arrangement of various world currencies including Chinese yuan, U.S. dollar, Euro, and British pound, pictured on Jan. 25, 2011. Kacper Pempel/Illustration/Reuters
By Reuters
Updated:
