November 11, 2024 – Written by David Woodsmith
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Pressured by Anticipated Republican “Red Wave”
The Pound to US Dollar (GBP/USD) exchange rate weakened at the beginning of this week as markets priced in a likely Republican control of all three branches of the US government.
GBP/USD was trading near $1.2898, approximately 0.2% lower than Monday’s opening levels.
The US Dollar (USD) climbed broadly higher on Monday…
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