Dollar Dips as Trump Trades Scaled Back, Big Week for Pound

Dollar Dips as Trump Trades Scaled Back, Big Week for Pound

November 4, 2024 – Written by Tim Boyer

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This will be a hugely important week for all asset classes, including the Pound, with the US election, Federal Reserve meeting and Bank of England (BoE) rate call.

There is still a high degree of uncertainty over the US elections with markets remaining in a state of flux over the Presidential and Congressional outcomes, when the result might be declared and the market reaction.

According to Rabobank; “One way or another,…
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