Pound Sterling is seeing a softer trend emerge and a retreat to 1.2250 is a possibility for the coming week.
There was not enough strength in the February U.S. jobs report to boost the Dollar into the weekend.
Trump Won't Devalue Dollar: Bessent
- Category: USD
A strong dollar won't face any pushback from U.S. President Donald Trump, even as he tries to rebalance global trade and lower the U.S. deficit.
Pound-Dollar Tipped for Further Decline on Bank of England's Startling Growth Downgrades
- Category: USD
Pound Sterling's selloff reflects fears the UK economy is firmly in stagflationary territory.