March 21, 2024 – Written by David Woodsmith
Leave a comment STORY LINK HSBC Sterling Outlook: “Little justification for this (pound) performance (in 2024)”
The latest UK inflation data did not trigger a major shift in Bank of England (BoE) expectations or the Pound and markets are now looking to see whether the Federal Reserve policy statement and press conference can lead to a breakout.
The Pound to Dollar (GBP/USD) exchange rate found support below 1.2700 and traded just above this level.
The headline UK…
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