The British pound starts the new week with a bid owing to U.S. tariff threats over Greenland.
The threat of significant tariffs brings a whiff of the Sell America trade.
Analysts at Barclays maintain a constructive view of the dollar and forecast the pound to dollar exchange rate lower into mid-year.
How the Dollar Lost Interest in Inflation
- Category: USD
FX markets are now more interested in labour market figures, which tells us something important about trading patterns in the coming weeks.