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User p5nqrxn313
Member for:
2 years (since Sep 2, 2022)
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Website:
http://zanerwip325.theburnward.com/all-currency-converter-for-android
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Dollar to Pound
The GBP to USD exchange rate plummeted after the Citigroup published a major warning about the UK economy. The report said that the country’s consumer inflation will likely soar to 18.6% in 2023, the highest level in almost half a century. The dollar was supported on Thursday after minutes from the Fed’s July policy meeting signalled that US interest rates will stay elevated to tame inflation. The European Central Bank also has influence on the cable due to the importance of business and trade between the UE and the UK. Any assessment of possible scenarios linked to a macroeconomic decision taken by the ECB has impact on the commercial partners of the Eurozone.
The CFTC then corrects and verifies the data for release by Friday afternoon. The Barchart site's data is then updated, after the official CFTC release. Convert money to all main currencies with currency converter. MoneyExchangeRate.org © is a free currency converter!
IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority. The percentage of IG client accounts with positions in this market that are currently long or short. Please note that conversions are an approximate indication only and cannot be guaranteed by Analysis UK Ltd. ✅ USD is the abbreviation of Dollar $ and GBP is the abbreviation of Pound £.
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