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【In 2024, The British Pound Was Squeezed Out Of The Ranking Of The Best G10 Currencies By The US Dollar】According To The Data, The British Pound Will No Longer Be The Best Performing G10 Currency In 2024 And Will Be Squeezed To Second Place By The US Dollar. Rabobank Analysts Said In A Report That Speculators Have Cut Their Long Positions In The Pound. The Pound Recently Hit A Two-And-A-Half-Year High Against The Euro Due To Market Expectations That Relatively High Inflation Will Limit The Bank Of England'S Room To Cut Interest Rates. Last Week, The Bank Of England Kept Interest Rates Unchanged, But The Voting Results Were Surprising. One-Third Of Policymakers Voted To Cut Interest Rates. The Pound Rose 4.5% Against The Euro This Year, But Fell 1.6% Against The US Dollar, According To Factset Data. The US Dollar Index (Dxy) Has Risen 6.8% Since This Year
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