Pound to Dollar Rate Rallies to 1.2650, Asian Warnings Keep USD in Check

Pound to Dollar Rate Rallies to 1.2650, Asian Warnings Keep USD in Check
March 26, 2024 – Written by David Woodsmith

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The U.S. Dollar was hampered by two global developments during Monday and drifted lower in global markets.

In this context, European currencies were also able to secure some relief, although overall moves were still relatively limited.

The Pound to Dollar (GBP/USD) exchange rate found support close to 1.2600 and edged higher to near 1.2650 after the US open.

The dollar index overall retreated to 103.85…
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