The Dollar rose after Donald Trump said he would likely move to impose tariffs from February 01.
The Dollar has fallen following a news report Donald Trump won't be dealing with the topic on his first day in office.
Pound Sterling is forecast to remain under pressure against the Dollar in a week that sees the new U.S. President take office.
The Pound to Dollar exchange rate will end the year higher, according to the consensus. However, analysts at HSBC reckon this is way too optimistic.
Horizon Currency Ltd
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Horizon Currency's payment and foreign currency exchange services are provided by:
Global Currency Exchange Network Ltd T/A GC Partners. Global Currency Exchange Network Ltd is authorised by the FCA under the Payment Services Regulations, 2017 (FRN: 504346). Registered as a Money Services Business, regulated by HM Revenue & Customs ("HMRC") under the Money Laundering Regulations 2017. (Registration number is 12137189). Registered in England and Wales. Company number 04675786. Registered Office 3rd Floor 100 New Bond Street, London, England, W1S 1SP.
Payment Services are provided by Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited are authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).