November 6, 2024 – Written by David Woodsmith
STORY LINK Pound Sterling Braced for Huge Overnight Swings on US Election Result
Currency markets are relatively calm on Tuesday as traders await the US election results, but there are expectations of high volatility once results start to be projected.
The Federal Reserve and Bank of England (BoE) interest rate decisions will also be important background influences.
The dollar has drifted lower, but the Pound to Dollar (GBP/USD) exchange rate has not been able…
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