March 7, 2023 – Written by John Cameron
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Falls as Cost of Living Pressures Take Spotlight
Pound US Dollar (GBP/USD) Exchange Rate Falls as Cost of Living Pressures Take Spotlight
The Pound US Dollar (GBP/USD) exchange rate fell on Tuesday, as cost of living pressures undermined Sterling’s appeal.
At the time of writing, GBP/USD traded at around US1.1989, a decline of roughly 0.3% from Tuesday’s morning rates.
Pound (GBP) Undermined by Cost of Living Woes
The Pound (GBP) traded without direction on Tuesday morning, as a lack of impactful macroeconomic data left GBP…
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