October 8, 2024 – Written by David Woodsmith
STORY LINK Pound US Dollar Exchange Rate Undermined ahead of Federal Reserve Speeches
The Pound US Dollar exchange lost ground on Monday as markets awaited several speeches from the Federal Reserve.
At the time of writing, GBP/USD traded at approximately $1.3081, down roughly 0.3% from the start of Monday’s session.
The US Dollar (USD) saw little movement against most of its counterparts on Monday, with a lack of US economic data releases during the early European trading…
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