Pound Sterling Rises Against the Greenback as Consumer Confidences Bounces

seems like a whole bunch of currencies have been rising against the dollar…usually currency markets are the first to hint at potential trouble. In this case it is expectation of interest rate hikes.

“The pound strengthened against the dollar as a report showed U.K. consumer confidence rose in March from a record low, adding fuel to the argument that there’s scope for the central bank to increase interest rates.”

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