Pound Hits New 2025 High
- Category: USD
Pound Sterling looks set to extend higher in the short-term, shows a new analysis.
Falling U.S. bond yields weigh on the dollar as the economy slows and investors anticipate reduced government spending.
U.S. economic outperformance has been a driver of Dollar outperformance since the pandemic, but it could finally be ending thanks in part to Elon Musk's (DOGE).
Pound Sterling's recovery against the Dollar should extend in the coming week.
