GBP/USD Falls 0.38% as Fed Rate Hike Bets Weigh on Pound
The pair drops to 1.3150 amid stronger USD demand fueled by an 86% chance of a Fed rate increase by year-end. The British Pound declines 0.38% to 1.3150 against the US Dollar in European trading, pressured by hawkish Federal Reserve expectations. The US Dollar Index rises