Tuesday, January 21, 2020

GBP to USD Exchange Rate Recovers Last Week’s Losses as UK Job Data Softens Bank Speculation

Following a week of poor UK data in which the Pound was held back by Bank of England (BoE) interest rate cut bets, the British Pound to US Dollar (GBP/USD) exchange rate has seen a jump in demand today. The Pound is being supported by the latest UK job stats which are dousing Bank of England bets for now, while demand for the US Dollar has...

* This article was originally published here

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