MUFG Forecasts Pound to Dollar Exchange Rate of 1.31 Amid USD Retreat

Thursday, 4 April 2024, 15:00

MUFG predicts the GBP to USD exchange rate to reach 1.31 over the next 12 months as the USD retreats. This forecast is influenced by the ongoing decline in the value of the US dollar, impacting the relative strength of the British pound in the forex market.
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MUFG Forecasts Pound to Dollar Exchange Rate of 1.31 Amid USD Retreat

GBP to USD Forecast

MUFG foresees a 1.31 exchange rate over the next 12 months as the US dollar retreats, favoring the British pound. This prediction is based on the current market trends and economic conditions.


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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