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.
U.S. initial jobless claims unexpectedly rose by 219K, helping the Pound-to-Dollar exchange rate (GBP/USD) to a fresh two-month best.
Horizon Currency Ltd
Albany House
14 Shute End
Wokingham
RG40 1BJ Companies House Registration: 11242368
Horizon Currency doesn't take custody of your funds. We execute your payments through FCA-registered companies, which hold your funds in segregated tier-1 bank accounts. These firms are:
1) Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited is authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).
2) Sciopay Limited, registered in England and Wales (registered no. 12352935). Registered Office: WeWork, WW Moor Place Limited, 1 Fore Street Avenue, London, EC2Y 9DTE. Sciopay Ltd is registered with the Financial Conduct Authority (927951).