Pound Sterling Today: Traders Prepare for Seismic UK, French and US Elections

Pound Sterling Today: Traders Prepare for Seismic UK, French and US Elections
July 4, 2024 – Written by David Woodsmith

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The Pound to Dollar exchange rate is trading close to 3-week highs ahead of major economic and political developments on both sides of the Atlantic.

After the weekend, there will be a new UK government and the possibility of a new US Democrat Presidential candidate which will cause a major shift in political dynamics.

UoB commented; “While the risk has shifted to the upside, it is…
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