FX Guys

Hawkish Fed Meeting Minutes Fail to Dent Pound US Dollar Exchange Rate

October 13, 2024 – Written by John Cameron

The Pound US Dollar (GBP/USD) exchange rate fluctuated within a tight range on Thursday, even after the release of minutes from the Federal Reserve’s recent policy meeting.

As the time of writing, GBP/USD stood at $1.3073, showing little change from the day’s opening levels.

The US Dollar (USD) traded somewhat cautiously on Thursday, despite the hawkish tone of the Federal Reserve’s meeting minutes released…
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