January 26, 2025 – Written by Frank Davies
STORY LINK Pound to Dollar Rate Forecast Warning: Risk for GBP/USD Slide to 1.15
Foreign exchange analysts at Nordea expect dollar strength to dominate for much of the year. It sees the risk of GBP/USD sliding to at least 1.15 with an end-2025 forecast of 1.17.
In contrast, Bank of America expects GBP/USD gains to 1.38.
US data did not have a significant impact during the week, although a weaker-than-expected business confidence report did undermine the US currency on…
Read More