Pound US dollar exchange rate: GBP/USD steadies as Fed gets bullish over economy

Pound US dollar exchange rate: GBP/USD steadies as Fed gets bullish over economy

- in Finance
199
0



The pound US dollar exchange rate is steady today and is currently trading around $1.290. The pound steadied against the US dollar today after bullish comments from Fed Chairman, Jerome Powell, last night, who said: “Today, data at the national level show a strong economy… Unemployment is near a half-century low, and economic output is growing at a solid pace.”



Source link

Leave a Reply

Your email address will not be published.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

You may also like

Japanese Yen Q3 Fundamental Outlook, Dow Jones and S&P 500 Eyed

Japanese Yen, Anti-Risk, Wall Street, Coronavirus, Q3 Outlook