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GBP/USD Forecast: Trump’s Treasury Choice Boosts Dollar

by Forex Crunch
November 25, 2024
in Forex Analysis
Reading Time: 1 min read

Dollar bulls cheered Trump’s pick for US Treasury Secretary. Market participants are awaiting the FOMC meeting minutes. Data on Friday revealed a sharper-than-expected slowdown in the UK economy. The GBP/USD forecast suggests further dollar strength after Trump picked Scott Bassent as the next US Treasury Secretary. Meanwhile, due to downbeat economic data, the pound remained…
The post GBP/USD Forecast: Trump’s Treasury Choice Boosts Dollar appeared first on Forex Crunch.
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