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... but both European currencies are now oversold against the Dollar on a tactical basis.
November 14,2024
The Pound to Dollar exchange rate fell to 1.27 after U.S. inflation rose in October.
November 13,2024
The Dollar powers onward, helped by Donald Trump's appointments of trade 'hawks' to his top team that reinforces his committment to significant import tariffs.
November 12,2024
GBP/USD is under pressure at the start of the new week, and we will watch for key support levels to be tested in the coming days.
November 11,2024
The Dollar fell on the day the Federal Reserve and Bank of England cut interest rates by 25 basis points.
November 8,2024
The British Pound's recovery against the Dollar gained traction following the Bank of England's November policy update.
November 7,2024
Pound Sterling is stabilising against the Dollar, with the worst post-election predictions failing to materialise. Traders now have the Bank of England and Federal Reserve to contend with.
November 7,2024
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