Pound US Dollar GBP/USD exchange rate slides despite US inflation slumping to 8-month low

Pound US Dollar GBP/USD exchange rate slides despite US inflation slumping to 8-month low

- in Finance
25
0



The pound slumped against the US dollar this afternoon with the pairing currently trading at around $1.220. The dollar continued to rise against the pound today despite data revealing US producer prices suffered their largest decline in eight months.



Source link

Leave a Reply

Your email address will not be published.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

You may also like

State Pension: Do I get my husband's State Pension when he dies?

STATE PENSION is a lifeline for many elderly