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Pound to Dollar Forecast: Sterling Tests 1.34 as Yield Demand Builds
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GBP/USD and GBP/EUR Stay Up: The Pound On Solid Foundations, But Fragile Timing
The British pound’s been on a strong run. On Wednesday, sterling traded near $1.339, almost hitting a one-month high. So far this October, it’s gained almost 2% against the euro and close to 1% against the US dollar. The pound’s now trading above 1.3400 against the dollar and testing multi-month highs near 1.1850 against the euro. This climb largely comes from changing expectations around central bank interest rates. The GBP/EUR performance agai…
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