November 1, 2024 – Written by John Cameron
STORY LINK Pound to US Dollar Exchange Rate Subdued following US Inflation Data
The Pound US Dollar exchange rate treaded water on Thursday following the publication of the latest US core PCE price index.
At the time of writing, GBP/USD was trading at approximately $1.2975, virtually unchanged from the start of Thursday’s session.
The US Dollar (USD) faced challenges in attracting buyers against most of its counterparts on Thursday, even after the release of stronger-than-anticipated…
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