November 29, 2023 – Written by John Cameron
Leave a comment STORY LINK Pound to Dollar Rate Technical Outlook Remains Positive: Scotiabank
The Pound to Dollar exchange rate held firm ahead of Tuesday’s New York open, but failed to make significant headway.
GBP/USD did, however, spike higher following dovish comments from Fed Governor Waller.
With risk conditions also improving, GBP/USD jumped to 12-week highs at 1.2710 as the Euro to Dollar (EUR/USD) exchange rate attempted to break above the key 1.1000 level.
The Federal Reserve has been…
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