January 26, 2024 – Written by Tim Boyer
Leave a comment STORY LINK Pound to Dollar Outlook: Sterling Dips to test 1.2700 on Firm US GDP Data
The latest UK data failed to provide further Pound support during Thursday.
US releases overall were solid, but the main market move was a slide in the Euro as the Euro to dollar (EUR/USD) exchange rate dipped sharply to below 1.0850 after the ECB policy statement.
The Pound overall was mixed on the crosses and Euro weakness dragged the Pound to Dollar (GBP/USD) exchange rate lower with a test of the…
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