Dollar ticks higher on hopes of a diplomatic de-escalation between EU and U.S. in Davos.
The GBP/USD is expected to weaken modestly against major counterparts, investment bank forecasts show.
The British pound starts the new week with a bid owing to U.S. tariff threats over Greenland.
The threat of significant tariffs brings a whiff of the Sell America trade.
Horizon Currency Ltd
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Horizon Currency doesn't take custody of your funds. We execute your payments through FCA-registered companies, which hold your funds in segregated tier-1 bank accounts. These firms are:
1) 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 is authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).
2) Sciopay Limited, registered in England and Wales (registered no. 12352935). Registered Office: WeWork, WW Moor Place Limited, 1 Fore Street Avenue, London, EC2Y 9DTE. Sciopay Ltd is registered with the Financial Conduct Authority (927951).