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Sterling rebounds against dollar and euro on Bank of England bets

Original: Sterling rebounds against dollar, euro on bets for tighter BoE policy

Sterling has rebounded against both the dollar and the euro, with traders betting that the Bank of England will tighten monetary policy more aggressively. The pound's recovery reflects shifting expectations around future interest rate decisions in the UK, and the move is drawing attention among currency traders and investors watching how central banks weigh inflation against growth risks.

Why now: Traders are repositioning on expectations of tighter Bank of England policy, driving sharp currency moves.

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• Sterling rebounds against dollar, euro on bets for tighter BoE policy · Reuters

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