When the Pound and UK gilt yields diverge, you know something is wrong.
Pound Sterling unexpectedly plummeted in early 2025 trade, but some analysts don't think the move will persist.
Pound Sterling in Textbook New Year Slump
- Category: GBP
It's a sea of red for the British Pound on January 02, the first trading day of 2025.
The British Pound is confirmed as 2024's second-best performing G10 currency, and at the turn of the year analysts are anticipating further outperformance.