Pound Sterling holds onto gains against US Dollar amid dovish Fed bets
The Pound Sterling continues to outperform its major currency peers since the UK budget announcement.
Goldman Sachs expects the Sterling’s rally to be short-lived due to dovish BoE expectations.
Weak US labor market conditions bolster the case for an interest rate cut by the Fed next week.
#Fed# #pound# #dovish# #UK# #BOE#
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