USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: Pound Sterling Continues Strong Performance, Heading for Best Two-Week Run Since ...
Pound Sterling Continues Strong Performance, Heading for Best Two-Week Run Since November
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#a73498e0 ver:0.78
The Pound Sterling is having its best two-week run against the US Dollar since November, gaining 2.4% and making it one of the best-performing major currencies. Investors are hopeful for a rate cut from the Federal Reserve in September. Despite an increase in wholesale inflation, the Pound is approaching the 1.3900 level against the US Dollar for the first time in a year. The Pound's strength is attributed to improved UK growth and signs of fatigue in the US economy. #PoundSterling #currency #economy...
#newstr #PoundSterling #UsDollar #Gbp/usd #RateCutHopes #Inflation #FederalReserve #UkEconomy #BankOfEngland
https://here.news/story/a73498e0?ver=0.78
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#a73498e0 ver:0.78
The Pound Sterling is having its best two-week run against the US Dollar since November, gaining 2.4% and making it one of the best-performing major currencies. Investors are hopeful for a rate cut from the Federal Reserve in September. Despite an increase in wholesale inflation, the Pound is approaching the 1.3900 level against the US Dollar for the first time in a year. The Pound's strength is attributed to improved UK growth and signs of fatigue in the US economy. #PoundSterling #currency #economy...
#newstr #PoundSterling #UsDollar #Gbp/usd #RateCutHopes #Inflation #FederalReserve #UkEconomy #BankOfEngland
https://here.news/story/a73498e0?ver=0.78