British Pound Hits 7-Week High Against Dollar
9 Articles
9 Articles
British pound hits seven-week high against wilting dollar
The pound sterling rose to its highest level in seven weeks in front of the dollar during today's Wednesday dealings, backed by the weakening of the United States currency following the victory of the Democratic Party in the American Midterm Renewal elections, while markets await the Bank of England's decision on interest rates tomorrow.
British Pound Hits 7-Week High Against Dollar
The British pound climbed to its highest level in seven weeks against the US dollar on Wednesday, benefiting from broad weakness in the greenback following the Democratic Party's sweeping victory in the US midterm elections, while investors awaited the Bank of England's interest rate decision on Thursday.
CryptoTendence The pound reaches maximums of seven weeks against the dollar in Forex, while operators await the Bank of England's rate decision. The Forex entry: the pound reaches a maximum of seven weeks against the dollar before the rate decision was first published in CryptoTendence.
Pound to Dollar Forecast: Democratic Sweep Lifts GBP/USD to 7-Week High
The Pound to Dollar exchange rate (GBP/USD) climbed to a seven-week high around 1.3495 as the US Dollar weakened following the Democrats' sweep of both chambers of Congress in the midterm elections.
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