FX Guys

Pound to Dollar Exchange Rate Forecast: Binary US Election Risks

September 8, 2024 – Written by David Woodsmith

There remains an intense debate over the state of the US economy, the potential Federal Reserve policy reaction and the dollar impact.

Markets are also having to contend with political uncertainty with November US elections less than two months away.

The Pound is a relative oasis of calm with evidence of steady growth and a cautious Bank of England.

The data during the week clearly indicated a weaker labour…
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