The GBP/USD currency pair recently reached a significant milestone, hitting a two-and-a-half-year high of $1.32 on August 27, 2024. Analysts are optimistic that this strong upward momentum will persist through the end of the year, positioning the pound sterling as one of the top-performing global currencies.
Britain's robust economic growth, bolstered by the election of…
The ECB is cautious on potential rate cuts, emphasising flexibility ahead of the 12 September meeting. Policymakers highlight uncertainty in the economic outlook and the need for data-driven policy decisions.
The European Central Bank (ECB) is treading carefully on potential interest rate cuts, opting to approach its September meeting with an open mind and guided…