September 13, 2024 – Written by John Cameron
Leave a comment STORY LINK British Pound to Dollar Rate Weakens following US CPI
The Pound US Dollar exchange lost ground on Wednesday following the publication of the US’s latest inflation data.
At the time of writing, GBP/USD was trading at approximately $1.3029, down roughly 0.4% from the start of Monday’s session.
The US Dollar (USD) remained stable against most of its peers on Wednesday following the release of the latest US inflation data.
August’s headline inflation rate fell below market expectations, dropping…
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