October 13, 2024 – Written by Frank Davies
Leave a comment STORY LINK Pound to Dollar Week Ahead Forecast: 1.30 Today, 1.39 by June 2025 say Analysts
According to Commerzbank; “we expect pronounced USD weakness, as the Fed is now delivering much sharper interest rate cuts than previously expected. We therefore think that the arguments in favour of the pound versus the US dollar should count for much more, which is why we expect to see higher levels here in the coming months.”
Commerzbank does, however, expect renewed losses to…
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