October 28, 2024 – Written by Frank Davies
STORY LINK Pound US Dollar Exchange Rate Subdued
The Pound US Dollar exchange rate treaded water on Monday following the publication of some below forecast UK data.
At the time of writing, GBP/USD was trading at approximately $1.2978, virtually unchanged from the start of Monday’s session.
The Pound (GBP) faced difficulties attracting investors on Monday after the release of some disappointing UK data.
The UK’s latest CBI distributive trades survey fell short of market expectations this month, with the index declining…
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