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Currency: the dollar falls, the pound rises

01/10/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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ce Wednesday, the dollar is falling due to the budgetary paralysis in the United States, while the pound sterling is rising.

The dollar recedes on Wednesday with the period of paralysis in which the United States in the absence of agreement on the budget, a situation on the other hand favorable to gold, which breaks a new record. This blockage on the budget vote in Congress seems to have no immediate solution between the Republicans who propose a extension of the current budget and the Democratic opposition who wants to obtain the recovery of hundreds of billions of dollars in health spending suppressed by the Trump administration. font-family: "Bookman Old Style”, serif; mso-bidi-font-family:arial"> Around 09:15 GMT (11:15am in Paris), the American currency lost 0.15% against the currency single European, at 1.1752 dollars for one euro. 14.0pt; font-family: "Bookman Old Style”, serif; mso-bidi-font-family:arial"> The book Sterling appreciated against the dollar on Wednesday, while the currency American was under strong pressure after the government closed in Washington DC, due to a freeze on financing, reinforcing the caution of investors in American assets.

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la The pound rose recently by 0.2% on the day, to 1.3475 dollars, while weakening against the euro, which gained 0.12% to

87.365 pence.
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