Pound Sterling Falls vs Dollar and Euro Ahead of Next US Data

Pound Sterling Falls vs Dollar and Euro Ahead of Next US Data

January 14, 2025 – Written by Frank Davies

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The Pound US Dollar exchange rate dropped significantly on Monday as ongoing concerns over the UK’s bond market continued putting pressure on the British currency.

The British Pound (GBP) faced further decline and continued on its downward trend against most major currencies.

The British currency remained under significant pressure due to the UK’s bond market challenges.

Last week, the yield on…
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