February 4, 2024 – Written by Frank Davies
Leave a comment STORY LINK Pound to Dollar Rate Week Ahead Forecast: Short-Term Gains?
Where next for Sterling? Longer-term forecasts by MUFG show the Pound to Dollar exchange rate could strengthen to 1.31 at the end of 2024.
In contrast, Rabobank has a 3-month forecast of 1.25 while Credit Agricole has an end-2024 forecast of 1.25.
The Bank of England (BoE) pushed back against market expectations of an early cut in interest rates.
GBP/USD, however, was unable to hold gains during the week and dipped to 2-week lows…
Read More
