The Dollar has eased back from earlier highs after a measure of core inflation undershot expectations.
The Dollar is in charge amidst investor fears over political wrangling in the U.S. over the government's budget.
Pound to Dollar Rate In a Gallant Rebound
- Category: USD
Pound Sterling is swimming against the tide and attempting a rebound against the Dollar following the Federal Reserve's 'hawkish' policy update.
The Dollar rose across the board after the Federal Reserve cut interest rates by 25 basis points but signalled the end of a run of consecutive cuts.