Pound touches near 4-year high as Trump rattles dollar
Source: BBC
The pound briefly hit its highest level against the dollar for almost four years after markets were unnerved by a report that US President Donald Trump could bring forward the naming of the new head of the US central bank. Sterling rose above $1.37, which is the strongest since October 2021.The dollar weakened after the Wall Street Journal reported Trump had considered naming Jerome Powell's replacement as head…
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