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Sterling, euro rally against dollar after BoE buys UK bonds

By Sinéad Carew and Alun John NEW YORK/LONDON, Sept 28 (Reuters) - After tumbling earlier, sterling rallied against the dollar on Wednesday following the Bank of England's (BOE) purchase of UK government bonds, letting some air out of the greenback's progress broadly after it had touched a fresh 20-year high. The BoE said it received 2.587 billion pounds' ($2.78 billion) worth of offers in its first bond buyback operation aimed at stabilizing the market, and had accepted only 1.025 billion poun
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Sterling slides after BoE buys bonds, dollar hits 20-year high

By Sinéad Carew and Alun John NEW YORK/LONDON, Sept 28 (Reuters) - Sterling tumbled against the dollar on Wednesday before paring some losses after the Bank of England (BOE) said it would step in to prop up the gilt market, and the dollar index touched a fresh 20-year high trading was volatile. The BOE said it would buy as many long-dated government bonds as needed between now and Oct.
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Sterling pares losses against dollar as BOE resumes bond purchases

* Graphic: World FX rates in 2020 Link * Graphic: Trade-weighted sterling since Brexit vote Link By Harry Robertson LONDON, Sept 28 (Reuters) - Sterling regained ground against the dollar in volatile trading on Wednesday after the Bank of England (BOE) said it would step in to calm the turbulence in the UK government bond market. The pound GBP=D3 fell as much as 1.74% after the BOE's announcement but clawed its way back into the green to stand 0.2% higher at $1.0737 in late London trading.
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Sterling slides after BOE jumps into gilt market, dollar marches on

By Alun John LONDON, Sept 28 (Reuters) - Sterling tumbled again on Wednesday after the Bank of England (BOE) said it would step in to prop up the gilt market, the latest sign of nerves in financial markets which helped nudge the dollar to its latest two-decade peak. The BOE said it would buy as many long-dated government bonds as needed between now and Oct.
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London's FTSE 100 rises as Bank of England steps in to stabilise markets

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * FTSE 100 up 0.3%, FTSE 250 flat * BoE to start unlimited bond purchases to stabilise market\ * Miners lead gains (Updates to market close) By Johann M Cherian, Bansari Mayur Kamdar and Susan Mathew Sept 28 (Reuters) - London's blue-chip FTSE index erased steep session losses to close higher on Wednesday, while the mid-cap index cut all of its bruising 3% plunge after the Bank of England's pro
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