GBP/USD Lifts Higher While GBP/CHF Treads Carefully

Wednesday, 3 April 2024, 17:30
The Pound Sterling sees an uptick against the US Dollar while maintaining caution against the Swiss Franc. Despite a strong interest rate differential, encouraging inflation data has had a dampening effect on the currency. While UK data remains light, anticipation surrounds the impact of the Non-Farm Payrolls report on market activity.
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GBP/USD Lifts Higher While GBP/CHF Treads Carefully

Sterling Update

Sterling boasts a strong interest rate differential, but encouraging inflation data has undermined the currency somewhat.

Key Points:

  • GBP/USD sees an uptick
  • GBP/CHF remains cautious
  • UK data is light
  • NFP report expected to impact this trend

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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