U.S. Dollar Gains Traction as Economic Data Bolster Confidence; Sterling Advances on UK Growth Beats Forecasts
The U.S. dollar rebounded modestly after a challenging start to the week, buoyed by encouraging economic signals and federal policymakers' comments indicating a reduced likelihood of immediate rate cuts. Simultaneously, the British pound inched higher, supported by November economic growth surpassing expectations. Conversely, the euro slipped amid …