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Tuesday, April 4, 2023

Fundamental: Britain’s pound is beating every other major currency this year

Forex Factory
 
 
Alert Alert Apr 5, 2023, 3:20am
 
Fundamental: Britain's pound is beating every other major currency this year
The British pound crashed to a record low last fall as investors rebelled against budget plans by former Prime Minister Liz Truss. Now, it's enjoying a comeback. Sterling hit its highest level against the US dollar in 10 months on Tuesday, topping $1.25 for the first time since June 2022. The pound, which has advanced about 3.3% versus the greenback since ...
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