Gold 10 data on January 16th, Forex strategist Kit Juckes from BNP Paribas stated in a report that the recent decline in GBP/USD is due to the worsening economic growth expectations in the UK compared to the US. He stated that the US economic outlook for this year has strengthened, leading to a widening gap between the US and the UK, thereby weakening the GBP/USD exchange rate. 'Europe, including the UK, doesn't really want a strong economy, but the US does.' He added that this is why US politicians are less picky about fiscal rules, environmental regulations, financial industry supervision, and the risks of the artificial intelligence industry. The UK has tightened regulations more strictly than the US, and the result is 'a strong US economy and a weak GBP'.
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Societe Generale: Pound is being impacted by the economic yükseliş difference between the UK and the US
Gold 10 data on January 16th, Forex strategist Kit Juckes from BNP Paribas stated in a report that the recent decline in GBP/USD is due to the worsening economic growth expectations in the UK compared to the US. He stated that the US economic outlook for this year has strengthened, leading to a widening gap between the US and the UK, thereby weakening the GBP/USD exchange rate. 'Europe, including the UK, doesn't really want a strong economy, but the US does.' He added that this is why US politicians are less picky about fiscal rules, environmental regulations, financial industry supervision, and the risks of the artificial intelligence industry. The UK has tightened regulations more strictly than the US, and the result is 'a strong US economy and a weak GBP'.