US Dollar to Pound Exchange Rate Slides as US Labour Market Softens

US Dollar to Pound Exchange Rate Slides as US Labour Market Softens
September 13, 2024 – Written by John Cameron

dollar-to-pound-rate-forecast-5

The Pound US Dollar (GBP/USD) exchange rate posted modest gains on Thursday following the latest US jobs release.

At the time of writing GBP/USD was trading at around $1.3058 at the time of writing, up approximately 0.2% from Thursday’s opening levels.

The Pound (GBP) faced headwinds on Thursday, hampered by a void in fresh British economic data.

A mixed market mood further deterred investor interest…
Read More

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *