Sterling Surges to Highest in Four Years Amid Dollar Weakness

Pound hits 4-year high as dollar weakens

The British pound surged to $1.37920 on Tuesday, reaching its highest level since October 2021. The gain came as the US dollar continued its year-long slide and UK retail data pointed to accelerating ...

Sterling surges to highest in four years amid dollar weakness

Sterling touched its highest level against the dollar in four years on Tuesday as selling pressure on the greenback intensified.  The pound was trading at $1.376, its highest level since 2021, while the euro also rose to multi-year highs on Tuesday afternoon, continuing a poor run for the ...

Pound Hits 2021 High as Dollar Keeps Tumbling

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Pound hits four-year high against dollar, prompting calls to ‘buy now’ – Your Capital Minds

Sterling has surged to $1.38 against the US dollar, its strongest level since October 2021, as a combination of US economic disruption, shifting interest rate expectations and geopolitical uncertainty weakens the greenback. Currency analysts said the move has been driven more by dollar softness than by a sudden strengthening of the pound, creating what some describe as a rare buying opportunity for consumers and businesses needing US currency. T…

Pound hits near five-year high as dollar jitters unsettle markets

Dollar weakness lifts sterlingTrump signals watched closelyRates outlook steadies nervesThe pound climbed to its highest level against the dollar in nearly five years on Tuesday, as investors grew uneasy about the US currency and took fresh interest in Britain’s post-Budget outlook.Sterling rose about 0.8 per cent, with £1 buying close to $1.38, its strongest level since late 2021. Over the past year, the pound has gained more than 10 per cent a…

Pound hits four-year high against dollar, prompting calls to ‘buy now’

Sterling has surged to $1.38 against the US dollar, its strongest level since October 2021, as a combination of US economic disruption, shifting interest rate expectations and geopolitical uncertainty weakens the greenback. Currency analysts said the move has been driven more by dollar softness than by a sudden strengthening of the pound, creating what some describe as a rare buying opportunity for consumers and businesses needing US currency. T…