The pound is heading for its lowest level in nearly two months, while the US dollar is down 0.6% and is at 1.29957 at the peak of today's declines.
Samer Hasn is a journalist based in London, specializing in financial and economic news. With a focus on the local market, Samer writes for LondonlovesBusiness.com, providing insights and analysis on topics such as currency movements, stock market trends, and economic indicators. His work has also been featured in Investorideas.com, where he covers news that inspires big investing ideas.