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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - Hier 16:43

Pound stronger vs dollar amid easing US trade tensions

The Pound Sterling remains bid for the third consecutive day, bolstered by positive market sentiment, edging up 0.34% as the GBPUSD trades at 1.2519, above the 50-day Simple Moving Average (SMA) at 1.2501. January’s UK S&P Global Services PMI dipped from 51.1 to 50.8 as economic conditions worsened. Traders await the Bank of England’s (BoE) monetary policy decision on Thursday, poised to reduce rates by 25 basis points (bps) from 4.75% to 4.50%, according to Prime Market Terminal data. The greenback erased most of its Monday’s gains, spurred by the US imposing tariffs on Mexico and Canada. However, both countries reached

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