FX Insights: British Pound Gains Bullish Momentum

FX Insights: British Pound Gains Bullish Momentum

In October the British pound put in a 35 year low against the U.S. dollar. Since then, sterling has rallied 17% up to a recent high on November 25th. What’s fueling this bullish momentum? Insights by Jim Iuorio.

#cmegroup
#ratehikes
#britishpound

Learn more: https://www.cmegroup.com/markets/fx.html#overview

Source: CME Group

Subscribe

Don't miss a market-moving update!

Please wait...

Thank you for subscribing! 

Responses

Your email address will not be published. Required fields are marked *