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GBP/USD: Cable Hits New 2023 High on Results of UK Local Elections/Weaker Dollar

GBP/USD: Cable Hits New 2023 High on Results of UK Local Elections/Weaker Dollar
Cable hit new 2023 high in early Friday, lifted by results of UK local election, in which conservatives suffered heavy losses, as voters showed their disappointment over weak economic growth, high inflation and political scandals. Election results improved pound’s sentiment and brighten outlook for Labour party in the next general election. Weaker dollar also contributed […] The post GBP/USD: Cable Hits New 2023 High on Results of UK Local Elections/Weaker Dollar appeared first on Action Forex... Read More
Posted: May 5 2023, 08:30
Author Name: actionforex
Views: 102766

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