The Pound to Dollar rate rose and fell in ‘sheh’ as an American man sang “yeah” amid a broad-based decline by the greenback that was only interrupted briefly by a better-than-expected non-farm payrolls report on Friday.
The Dollar really should have been higher in the wake of a strong jobs report.
The Pound will continue to lose value to the Dollar.
With the Dollar rising into the start of May, taking a step back confirms the evolving bigger picture remains negative.
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