January 3, 2024 – Written by Tim Boyer
Leave a comment STORY LINK Soft US Data Fails to Derail USD, Pound to Dollar Rate Held Close to 1.2650
The Pound to Dollar exchange rate was trapped in narrow ranges ahead of Wednesday’s New York open and traded around 1.2720.
Sterling did demonstrate some notable resilience on the crosses which also cushioned GBP/USD, but it struggled to make any headway, especially with less confident risk conditions and a vulnerable Euro.
There were no significant UK developments on Wednesday with the dollar and…
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