April 12, 2023 – Written by John Cameron
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Bolstered by US Inflation Slowdown
Pound US Dollar (GBP/USD) Exchange Rate Buoyed by US Inflation Data
The Pound US Dollar (GBP/USD) exchange rate rose on Wednesday. The pairing found support from evidence of a slowdown in US inflation, as well as a risk-on mood.
GBP/USD’s gains were capped by stubbornly high US core inflation, however.
At time of writing the GBP/USD exchange rate was…
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