Pound Falls to New 37-year Low, Fed Looms

The British pound continues to lose ground. GBP/USD is trading at 1.3436. down 0.33%. Earlier in the day, the pound fell to 1.1304, its lowest level since 1985. Fed expected to hike by 0.75% The Federal Reserve holds its policy meeting later today, and is expected to deliver a third straight rate hike of 0.75%, […]

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