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The U.S. Dollar Is Sliding Lower, Finally. The Pound Is Striking Back.

Por: MarketWatch Business September 30, 2022

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In focus was the pound, which strengthened 0.6% against the dollar Friday to just shy of $1.12. Sterling has marched some 8% higher since lows seen earlier this week around $1.03, which was the currency’s lowest level ever. The , and British markets at large, . The U.K. currency crumbled and government bond yields soared in the days following last Friday, when the new government of Prime Minister Liz Truss detailed budget provisions that that... + full article



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