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USD/JPY Faces Challenges as US Economic Data Weakens /
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2024-06-28 00:03:16

USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: GBP/USD Consolidates Near Key Technical Levels Ahead of US Inflation Update ...

GBP/USD Consolidates Near Key Technical Levels Ahead of US Inflation Update
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#a73498e0 ver:0.5

The GBP/USD pair consolidates near key technical levels as strong US jobs data dampens expectations of a rate cut by the Federal Reserve. The rise in the dollar and UK government bond yields has led to a drop in the GBP/USD pair. Market focus now shifts to the impact of the strong US jobs data on the pair and the potential implications for the Federal Reserve's monetary policy. Traders are also watching for speeches from Fed and BoE policymakers for insights on rate-cut timing. #GBPUSD #FederalReserve #USjobsdata...

#newstr #Gbp/usd #UsInflation #UkGdp #TechnicalAnalysis

https://here.news/story/a73498e0?ver=0.5
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