Monday, March 2, 2020

GBP to USD Exchange Rate Surges as Coronavirus Fears Cause Federal Reserve Rate Cut Bets

The US Dollar briefly saw a boost on Monday’s safe haven demand, but today the currency fell back, shedding Monday’s gains and making it easier for the British Pound to US Dollar (GBP/USD) exchange rate to advance. As the Pound lacks much drive, the pair is gaining more on coronavirus concerns and US Dollar weakness than any UK news such...

* This article was originally published here

No comments:

Post a Comment