October 30, 2023 – Written by Frank Davies
Leave a comment STORY LINK Pound to Dollar Rate Firms amid Cheery Market Mood
The Pound US Dollar (GBP/USD) exchange rate fluctuated on Monday, drifting higher overall, as an increased risk appetite undermined the safe-haven US Dollar (USD).
At the time of writing GBP/USD was trading at $1.2145, up approximately 0.2% from Monday’s opening rate.
The Pound (GBP) edged higher during Monday’s session, boosted by an increasing appetite for risk.
While the increasingly risk-sensitive Pound gained some ground amid…
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