Currency translator gbp to usd: Pound US Dollar Exchange Rate News: GBP/USD Slumps As USD Goes From Strength To Strength

On the Greenback’s continued rally, Maybank analysts wrote that the “Fed’s prolonged pause on rate hikes and improvements in the US economy together with the lack of sustained signs of green shoots in other markets are providing the impetus for USD bulls,” adding “Markets will be watching tomorrow’s US 1Q GDP release that could drive the USD even higher should the economy outperform expectations.”

Leave a Reply

Your email address will not be published.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