Fundamental: British Pound Leads European Currency Rebound

The pound rose to the highest since June against the dollar as traders bet resilience in the UK economy may give the Bank of England room to keep lifting interest rates. Sterling rose as much as 0.9% to $1.2521 on Tuesday, taking its year-to-date advance past 3%, the best among the Group-of-10 currencies. The move came alongside broader weakness in the ...     Alert Apr 4, 2023, 9:23pm Fundamental: British Pound Leads European Currency Rebound The pound rose to the highest since June against the dollar as traders bet resilience in the UK economy may give the Bank of England room to keep lifting interest rates. Sterling rose as much as 0.9% to $1.2521 on Tuesday, taking its year-to-date advance past 3%, the best among the Group-of-10 currencies. The move came alongside broader weakness in the ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support