Business · 11 August 2026
Pound stays flat as currency traders wait for new inflation and growth figures
Sterling sat at around $1.36 and 85 pence per euro on Tuesday during a quiet summer trading session. Investors are holding off on large bets until America publishes inflation figures on Wednesday and Britain reports economic growth on Thursday. Deutsche Bank analysts said market volatility expectations before Prime Minister Andy Burnham's October budget are at a 20-year low.
Reported by Reuters · How we write briefs