February 25, 2024 – Written by Frank Davies
STORY LINK Pound to Dollar Week Ahead Forecast: Ranges 1.25-1.137 in Nine Months
Bank of America analysts expect the Pound to Dollar exchange rate (GBP/USD) to strengthen to 1.37 at the end of 2024.
Credit Agricole sees scope for near-term Pound backing, but expects that GBP/USD will retreat to 1.25 at the end of the year.
The main focus was on bond and equity markets during the week. There were strong gains on Wall Street with the S&P 500 index posting a fresh record high on the back…
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