September 17, 2024 – Written by John Cameron
Leave a comment STORY LINK US Dollar Dips Again on Fed Rate Cut Talk, GBP/USD Targets 30-Month Best
US dollar exchange rates lost further ground on Monday with stronger chatter that the Federal Reserve will deliver a larger 50 basis-point (bp) rate cut this week.
With strong expectations that the Bank of England will decide against a rate cut at its own meeting, the Pound to Dollar (GBP/USD) exchange rate has strengthened to 1.3180.
Interest Rate decisions are likely to dominate sentiment
According…
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