March 8, 2023 – Written by John Cameron
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Elevated Fed Rate Hike Bets
Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Elevated Fed Rate Hike Bets
The Pound US Dollar (GBP/USD) exchange rate traded flatly on Wednesday morning, as the US Dollar held onto it’s post-Powell gains.
At the time of writing, GBP/USD traded at around US$1.1843, showing little movement from Wednesday’s morning rates.
US Dollar (USD) Steadfast amid Elevated Rate Hike Bets
The US Dollar (USD) held its ground on Wednesday morning, following Tuesday’s substantial gains brought about…
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