March 17, 2024 – Written by David Woodsmith
Leave a comment STORY LINK Pound to Dollar Week Ahead Forecast: 1.30 in Nine Months say ING
Currency exchange strategists at ING see scope for the Pound to Dollar exchange rate (GBP/USD) to advance to 1.30 at the end of 2024 as the dollar loses ground.
RBC Capital Markets expects a retreat to 1.24 as the Pound is unable to make any headway.
Federal Reserve (Fed) and Bank of England (BoE) policy decisions will be crucial in the week ahead.
Markets will also be looking at the latest UK inflation data.
Neither…
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