May 28, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound Sterling Outlook Today: Interest Rate Expectations Dominate GBP vs EUR, USD
The Pound to Dollar exchange rate (GBP/USD) has made further headway and traded around 1.2765 on Tuesday, close to 2-month highs near 1.2785.
The Pound has continued to gain net support from an unwinding of expectations that the Bank of England will be in a position to cut interest rates at the June policy meeting.
The dollar has also not been able to make any headway against European…
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