September 18, 2024 – Written by John Cameron
US Dollar (USD) Sinks as Markets Await Fed Rate…
STORY LINK Pound to Dollar FX Outlook: GBP/USD Exchange Rate Fluctuates ahead of Fed Decision
The Pound US Dollar (GBP/USD) exchange rate was largely rangebound on Tuesday as investors shrugged off an upbeat US retail release in anticipation of the Federal Reserve’s looming interest rate decision.
At the time of writing GBP/USD was trading at around $1.3204, virtually unchanged from Tuesday’s opening rate.