November 7, 2024 – Written by John Cameron
STORY LINK Pound to Dollar Exchange Rate Slumps 1% as Trump Victory Sparks Market Moves
The Pound US Dollar (GBP/USD) exchange rate slumped on Wednesday as the US presidential election results pointed to a victory for Trump.
At the time of writing, GBP/USD traded at around $1.2896, down more than 1% since the start of the day’s session.
The US Dollar (USD) surged on Wednesday as the US presidential election results indicated a win for former president…
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