Pound Extends 2024 High Against The Buck

Global FX Insights • Aug 27, 2024 at 9:44 AM EDT

We’re looking at a market in some very thin summer trading conditions. What we’ve seen on Tuesday thus far is nothing more than choppy consolidation for the most part.

We’re looking at a market in some very thin summer trading conditions. What we’ve seen on Tuesday thus far is nothing more than choppy consolidation for the most part. The only notable exception is the Pound, which has extended its run of yearly highs as the market continues to price in more the favorable UK yield differential.

Video Length: 00:00:58

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