The financial markets’ reaction to intensifying US-Iran tensions has revealed a sharp erosion of the US dollar’s safe haven status, as investors...
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- FINANCIALMIRROR.COM - A La Une - 27/Jun 12:11
Sterling on the move, “has more room to run”
The British pound is surging, and the momentum shows few signs of slowing, the chief executive of a leading independent financial advisory and fintech has predicted. On Thursday, sterling climbed to its highest level in nearly four years, touching $1.3709 against the US dollar. This marks a 13% gain so far in 2025, making the pound one of the best performing currencies of the year. “The pound is in flight right now and it is likely going higher,” said Nigel Green, CEO of deVere Group. “Several key forces are aligning that will keep sterling on the front foot for the foreseeable
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