July 2, 2024 – Written by David Woodsmith
Leave a comment STORY LINK Pound to Dollar Exchange Rate Slides as Trump Court Victory Boots USD Demand
A US Supreme Court ruling on Monday triggered a fresh round of speculation that Trump would win the November Presidential election.
US yields moved higher in anticipation of a loose fiscal policy and the dollar gained net support.
The Pound to Dollar (GBP/USD) exchange rate dipped to 1.2615 and close to 6-week lows.
US data and Comments from Fed Chair Powell will be monitored…
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