January 30, 2025 – Written by David Woodsmith
STORY LINK UK Government Growth Agenda Fails to Support British Pound Against Dollar
The Pound to US Dollar exchange rate (GBP/USD) has been unable to make headway and drifted lower to near 1.2410 as the government’s growth strategy had little near-term impact.
The proposals had been flagged in advance, and any dividends will be over the longer term while US and dollar moves remain dominant.
According to Scotiabank, “should losses extend…
Read More