Pound Sterling greets 2025 by slumping to a new nine-month low against the Dollar.
A new report from Bank of America forecasts a divided performance for the US dollar in 2025, characterised by strength in the first half of the year, followed by a weakening trend in the second half.
The Dollar is lower against the majority of its G10 peers as traders navigate the final full trading day of 2024.
Pound Sterling is finding its feet against the U.S. Dollar following last week's dip.