October 16, 2024 – Written by John Cameron
STORY LINK Pound US Dollar X-Rate Rangebound on UK Jobs Data
The Pound to US Dollar (GBP/USD) exchange rate was mostly unchanged on Tuesday following the release of the UK’s latest employment data.
At the time of writing, GBP/USD was trading around $1.3077. Virtually unmoved from Tuesday’s opening levels.
The Pound (GBP) traded sideways on Tuesday as investors reacted to the latest UK jobs report.
The Office for National Statistics (ONS) reported that UK unemployment fell unexpectedly in August, dropping from 4.1% to 4%,…
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