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Thursday, April 6, 2023

Fundamental: Sterling is the best performing G10 currency this year, and strategists remain cautiously optimistic

Forex Factory
 
 
Alert Alert Apr 6, 2023, 7:50pm
 
Fundamental: Sterling is the best performing G10 currency this year, and strategists remain cautiously optimistic
The British pound is the best performing G-10 (Group of Ten) currency of 2023, and some strategists believe the pound's rally can continue over the medium term. Sterling is up by more than 3% against the dollar since the start of the year, notching a 10-month high on Wednesday, fueled primarily by better-than-expected economic data and a weakened greenback. ...
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