February 13, 2025 – Written by Tim Boyer
STORY LINK Pound-to-Dollar Exchange Rate Slides on US Inflation Shock
The Pound held firm against the U.S. Dollar ahead of Wednesday’s US open before sliding after a stronger-than-expected US inflation release triggered fresh market concerns.
Underlying market tensions remained high amid ongoing uncertainty and unease over the US Administration’s trade policies. After initially struggling, the dollar posted renewed gains.
From highs at 1.2465, the Pound to Dollar (GBP/USD) exchange rate dipped…
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