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Thursday, August 17, 2023

Pound US Dollar Exchange Rate News: GBP/USD Wavered on Stuttering UK Retail Sector

Pound (GBP) Underpinned by Elevated Rate Hike Bets The Pound (GBP) started the day on the back foot as the British Retail Consortium (BRC) reported underwhelming retail sales growth. The BRC revealed that sales had only risen by 3.7% on a yearly basis, compared to last month̢۪s 5.2% growth YoY in March. Despite...

* This article was originally published here

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