September 5, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound Dollar Exchange Rate Surges as US Jobs Data Falls Short
The Pound US Dollar (GBP/USD) exchange rate climbed higher on Wednesday, driven by disappointing US employment data.
At the time of writing, GBP/USD was trading around $1.3156, marking an approximate 0.3% increase from the day’s opening levels.
The US Dollar (USD) slumped on Wednesday following the release of a weaker-than-expected JOLTs job openings report.
The report indicated that the US economy had 7.637 million job…
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