Pound to Dollar Exchange Rate Hits Six-Week Best After US Jobs Data

STORY LINK Pound to Dollar Exchange Rate Hits Six-Week Best After US Jobs Data

Friday’s trade on foreign exchange markets saw the best Pound to Dollar exchange rate for UK buyers in six weeks.

Weaker-then-expected US jobs data triggered a slide in US yields, US Dollar (USD) losses and strong gains for the Pound Sterling (GBP).

There was also a further rally in risk appetite with strong gains in global equities.

Stronger risk conditions were key elements in underpinning the Pound and the Pound to…
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