Pound Sterling Price News and Forecast: GBP/USD weakens against US Dollar with UK employment in focus
Top Stories Tamfitronics Top Stories Tamfitronics Pound Sterling weakens against US Dollar with UK Employment in focusThe Pound Sterling (GBP) drops to near 1.2900 against the US Dollar (USD) in London trading hours on Monday. The GBP/USD pair declines as the US Dollar extends Friday’s recovery and aims to revisit a four-month high. The US Dollar Index (DXY), which gauges Greenback’s value against six major currencies, climbs above 105.30.The Greenback strengthens on expectations of higher investment and spending in the United States (US) as Republicans look set to take control of both the Senate and the House of Representatives, a scenario that would allow the Trump administration to implement fiscal policies quickly. Read more...Top Stories...
