Pound US Dollar Exchange Rate Steady despite Cautious Market Mood

Pound US Dollar Exchange Rate Steady despite Cautious Market Mood
October 10, 2024 – Written by John Cameron

pound-to-dollar-rate-forecast-9

The Pound US Dollar exchange trod water on Wednesday amid a lack of domestic data releases and despite a return to risk-off trading conditions.

At the time of writing, GBP/USD was trading at approximately $1.3094, virtually unchanged from the start of Wednesday’s session.

The US Dollar (USD) attracted some investor attention on Wednesday despite the lack of economic data releases. The currency’s rise was driven by…
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