February 22, 2024 – Written by David Woodsmith
Leave a comment STORY LINK Pound Sterling Sentiment Split on Tax and Rate Cut Expectations, Holds 1.26 vs Dollar
The Pound to Dollar exchange rate (GBP/USD) was unable to hold 1.2650, but has held above 1.2600 and settled around 1.2620 on Wednesday.
Fiscal and monetary policy expectations will continue to have an important impact on the Pound with evidence of divergence tending to limit Pound buying.
According to ING; “A softer dollar environment could see GBP/USD…
Read More
