April 30, 2024 – Written by David Woodsmith
Leave a comment STORY LINK Pound to Dollar Rate Outlook: “Risks are Biased Towards U.S. Dollar Losses”
The US Dollar lost some ground on Monday with strong evidence of Bank of Japan intervention to support the yen triggering a tentative wider retreat in the US currency.
The Pound to Dollar (GBP/USD) exchange rate traded just above the 1.2500 level with markets braced for very volatile trading during the week.
Bank of Japan actions and economic developments will be crucial during…
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