Currency Alerts

Pound Trades Nearly 7-week Low Against US Dollar

The pound extended its post-UK inflation decline against the US dollar ahead of Tuesday's North American deals, falling to nearly a 7-month low of 1.5139 around 6:35 am ET.

The cable continued to stay below the 1.5150 level since then, with 1.51 is seen as the next likely support level in the near-term.

by RTTNews Staff Writer

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