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November 14, 2024

MUFG: Pound Sterling Tipped to be Resilient to Trump-Dollar Strength, GBP/USD 2025 Lows at 1.25

Foreign exchange analysts at MUFG central forecast is that the US Dollar would be 7-8% stronger than would have been the case under a Harris victory and projects further near-term gains. The bank expects the Pound will be relatively resilient, especially in comparison with the Euro.

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