GBP/USD Soars Toward 1.3590 As Softer US PPI Crushes Dollar Demand
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The british pound is rising against the us dollar, approaching 1.3590. This surge is reportedly driven by a softer than expected us producer price index. The weaker us ppi is said to be reducing demand for the dollar.