The Dollar has eased back from earlier highs after a measure of core inflation undershot expectations.
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The Dollar is in charge amidst investor fears over political wrangling in the U.S. over the government's budget.
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Pound Sterling is swimming against the tide and attempting a rebound against the Dollar following the Federal Reserve's 'hawkish' policy update.
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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.
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GBP/USD exchange rate looks set to carve out a shallow rebound in the coming days, but this mustn't be mistaken for strength.
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The Dollar retreated from earlier highs after U.S. inflation met expectations.
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A short-term rebound in the Pound to Dollar exchange rate looks set to extend this week. The U.S. inflation data release is the key focus.
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