September 19, 2024 – Written by John Cameron
STORY LINK UK inflation Data Sparks Pound to Dollar Exchange Rate Gains
The Pound US Dollar (GBP/USD) exchange ticked up on Wednesday following the publication of the UK’s latest inflation data.
At the time of writing, GBP/USD was trading at approximately $1.3214 up roughly 0.4% from the start of Wednesday’s session.
The pound (GBP) strengthened against most of its rivals on Wednesday, bolstered by the UK’s latest inflation report.
The Office for National Statistics (ONS) revealed that headline…
Read More