US Dollar: USD/GBP Extends Losses Ahead of Crucial US Inflation Print

US Dollar: USD/GBP Extends Losses Ahead of Crucial US Inflation Print

March 12, 2025 – Written by Frank Davies

gbp-to-dollar-rate-forecast-4

The US Dollar fell back against the Pound Sterling (GBP) on Tuesday following the publication of some US labour data.

At the time of writing, the Pound-to-Dollar exchange rate was trading at approximately $1.2920, up roughly 0.4% from the start of Thursday’s session.

On Tuesday, the US Dollar (USD) encountered some volatility against its peers despite some domestic data coming in better…
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