December 1, 2024 – Written by David Woodsmith
STORY LINK Calm Before the Storm, Pound Sterling Holds Firm on Thanksgiving Day
Relative calm has descended on markets with the US Thanksgiving Holiday curbing trading volumes, although there are still major underlying uncertainties and tensions with high volatility liable to return quickly.
The Pound to Euro (GBP/EUR) exchange rate has edged above the 1.2000 level in narrow ranges.
The Pound to Dollar (GBP/USD) exchange rate advanced to highs just above 1.2680…
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