December 8, 2024 – Written by Frank Davies
STORY LINK Pound to Dollar Week Ahead Exchange Rate Forecast: Recovery?
ING forecasts that the Pound to Dollar (GBP/USD) exchange rate will retreat to 1.24 at the end of 2025.
In contrast, Credit Agricole expects that GBP/USD can recover from initial losses trade at 1.30 at the end of next year. UBS expects a stronger rebound to 1.35.
US data for the week was mixed, but with a soft overall tone.
US non-farm payrolls increased 227,000 for November after a revised 36,000 increase…
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