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USD/JPY Faces Challenges as US Economic Data Weakens /
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2024-07-01 15:58:04

USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: GBP/USD Erases Gains as Weak US Data Raises Concerns of a Potential Recession ...

GBP/USD Erases Gains as Weak US Data Raises Concerns of a Potential Recession
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#a73498e0 ver:0.55

Weak US data raises concerns of a potential recession, causing GBP/USD to erase gains and drop 0.5%. Strong US jobs figures led to a rise in the dollar and dampened hopes of a Fed rate cut. Market focus shifts to the impact on GBP/USD and potential implications for monetary policy. #GBPUSD #USD #recession #Fed...

#newstr #Gbp/usd #UsJobsData #RateCutHopes #UsDollar #BondYields #FederalReserve #JobAdditions #UnemploymentRate #UkEmploymentData #GrossDomesticProduct #BankOfEngland #Ftse100 #UsEconomicData #InterestRate #UkGdp #Inflation #HeadAndShouldersPattern #PersonalConsumptionExpenditure #Pce #TechnicalAnalysis #IsmManufacturingPmi #PricesPaidIndex #UsRecession

https://here.news/story/a73498e0?ver=0.55
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