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*
*The mid-market rate is provided for indicative purposes only. Live mid-market rates are not available to consumers and are for informational purposes only.
The information, materials, accompanying literature and documentation available on our internet site is for information purposes only and is not intended as a solicitation for funds or a recommendation to trade. XE, its officers, employees and representatives accept no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the above information.