March 15, 2024 – Written by David Woodsmith
STORY LINK Pound to Dollar: FX Markets Continue to Fret Over US Inflation Trends
The Pound to Dollar exchange rate (GBP/USD) edged higher to 1.2820 ahead of the New York open before drifting lower.
GBP/USD retreated further to 1.2760 after the US data releases as markets continued to fret over US inflation trends.
The overall market moves were still relatively limited with markets focussing on the Federal Reserve and Bank of England policy meetings next week.
Neither central…
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