Sterling Surges to Highest in Four Years Amid Dollar Weakness

Brits told 'now is the time to buy' as Pound hits highest point against Dollar since 2021 - Birmingham Live

A ‘perfect storm’ of US Dollar weakness and UK interest rate expectations has been cited as the reason

Pound hits 4-year high as dollar weakens

The British pound surged to $1.37920 on Tuesday, reaching its highest level since October 2021. The gain came as the US dollar continued its year-long slide and UK retail data pointed to accelerating ...

Sterling surges to highest in four years amid dollar weakness

Sterling touched its highest level against the dollar in four years on Tuesday as selling pressure on the greenback intensified.  The pound was trading at $1.376, its highest level since 2021, while the euro also rose to multi-year highs on Tuesday afternoon, continuing a poor run for the ...

Pound Hits 2021 High as Dollar Keeps Tumbling

FTSE 100 Live: Stocks Rise as Bank Gains Offset Declining Miners

Rebounds toward 1.3850 near four-year highs

The post Rebounds toward 1.3850 near four-year highs appeared on BitcoinEthereumNews.com. GBP/USD recovers its recent losses from the previous session, trading around 1.3830 during the Asian hours on Thursday. The technical analysis of the daily chart points to a potential bearish reversal as the range narrows, indicating waning buyer momentum within a rising wedge pattern. The GBP/USD pair extends above the rising nine-day Exponential Moving Av…

Pound hits four-year high against dollar, prompting calls to ‘buy now’ – Your Capital Minds

Sterling has surged to $1.38 against the US dollar, its strongest level since October 2021, as a combination of US economic disruption, shifting interest rate expectations and geopolitical uncertainty weakens the greenback. Currency analysts said the move has been driven more by dollar softness than by a sudden strengthening of the pound, creating what some describe as a rare buying opportunity for consumers and businesses needing US currency. T…