Sterling climbs above $1.30 for first time since November

Quick Summary:

Sterling rose above the level in early trading on Tuesday, for the first time since the days after the US election.

The BoE is widely expected to hold interest rates steady at 4.5 per cent at its meeting on Thursday.

But the pound has weathered trade concerns this year, as investors bet the UK is less exposed to tariffs than some other economies.

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Article Details

Author / Journalist: Mari Novik

Category: MarketsFinanceInvesting

Markets: United States

Topics: Rates Trump’s Investors Inflation Expected Financial Sterling Dollar Trade Cent Pound

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 09:55:15 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 559 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 27145333

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 9 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publisher ID: #3

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