Pound Nears Multi-Year High Despite Slight Dip, Budget Concerns Loom Sterling experienced a minor decline against the dollar on Friday but stayed close to its highest level since February 2022, benefiting from improved risk sentiment and the policy rate differential between the UK and the US. The pound’s performance against the euro remained stable, continuing its positive trend for the third week. While the current monetary policy outlook supports the pound, analysts caution about potential headwinds, including the upcoming UK budget and possible tax changes that could impact investors and entrepreneurs. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Global Recession Unlikely, Says IMF's Top Economist READ MORE Silver Institute: Global Silver Demand Forecasted to Rise to 1.2 Billion Ounces In 2024 READ MORE Poll: Two-Thirds of Middle-Class Americans Struggle Financially READ MORE Recession Mentions in Earnings Calls Fall as Economic Outlook Improves READ MORE Fed Considers Careful Step Back from Quantitative Tightening READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment