September 9, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound Dollar Exchange Rate Undermined by Risk-Off Sentiment
The Pound US Dollar exchange rate ticked lower on Monday as a souring market mood weighed on the pair.
At the time of writing, GBP/USD was trading at approximately $1.3081, down roughly 0.3% from the start of Monday’s session.
The US Dollar (USD) gained traction against the majority of its peers on Monday as investors turned to safer assets amid a risk-off sentiment.
This shift boosted the ‘Greenback’ on Monday leading to…
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