November 6, 2024 – Written by John Cameron
STORY LINK Pound US Dollar Exchange Rate Edges Higher following UK PMI data
The Pound US Dollar exchange rate gained ground on Tuesday following the publication of the UK’s latest PMI data.
At the time of writing, GBP/USD was trading at approximately $1.2985, up roughly 0.2% from the start of Tuesday’s session.
The Pound (GBP) rose against most currencies on Tuesday, bolstered by a better-than-expected domestic PMI report in the morning.
The final October index…
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