Pound US Dollar (GBP/USD) Exchange Rate Edges Lower after Hotter-than-Forecast US Job Openings Figures

Pound US Dollar (GBP/USD) Exchange Rate Edges Lower after Hotter-than-Forecast US Job Openings Figures
May 31, 2023 – Written by John Cameron

Pound-to-US-Dollar-rate-3

Pound US Dollar (GBP/USD) Exchange Rate Trims Gains as Job Openings Beat Forecasts

The Pound US Dollar (GBP/USD) exchange rate edged lower on Wednesday. A unexpected increase in April’s US job openings increased Federal Reserve rate hike bets and pushed the pairing lower.

Additionally, a pullback…
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