US Dollar Soars to Highest Levels since 2017

Xe Corporate UK

July 18, 2019 1 min read

The Dollar has reached its highest level in 2 years, following a decline in the Pound.

Increased talks of a No-Deal Brexit has had a negative impact on the Pound.

The Dollar has held its ground after stronger retail sales strengthened expectations of a cut in interest rates by 0.25%; not the 0.5% some have been predicting.

(Mid-market rate as at 10:08 UTC*

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