Published On: Thu, Nov 8th, 2018

Pound v US dollar exchange rate: Currency traders shrug off Congress gridlock

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The pound is trading today against the dollar at a rate of €1.312, which is unmoved on the day and slightly down on yesterday’s rate. Markets generally shrugged off any fallout from the US midterm elections, which saw the House of Representatives pass to the Democrats, while the Republicans consolidated their grip on the Senate.
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Pound v US dollar exchange rate: Currency traders shrug off Congress gridlock