Latest Breaking News On - Exchange rates struggle - Page 5 : comparemela.com

April 14, 2021 - Written by Ben Hughes Optimism about Britain’s coronavirus recovery outlook is keeping the British Pound to US Dollar (GBP/USD) exchange rate trending with an upside bias today, as investors sell the US Dollar again. The US Dollar’s strength from earlier in the week has already faded as the latest US inflation data has done little to support the hawkish bets of markets, and investors are now awaiting coronavirus news and more US data. Last week saw GBP/USD briefly surge to its best levels in a fortnight, but ultimately slide from 1.3830 to 1.3706 as the US Dollar benefitted from Sterling’s own broad losses.

United kingdomBen hughesAndy haldanePetr krpataInternational moneyExchange ratesExchange rateUs dollar exchange rate advancesFederal reserveOffice for national statisticsExchange rate advances steadilyBritish poundExchange rates struggleChief economist andy haldaneNational statisticsExchange rates tumble