USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: GBP/USD Rises to 12-Month High as Markets Bet on Rate Cut =============== #a73498e0 ...
GBP/USD Rises to 12-Month High as Markets Bet on Rate Cut
===============
#a73498e0 ver:0.77
The Pound Sterling (GBP) has reached a 12-month high against the US Dollar (USD) as markets anticipate a rate cut by the Federal Reserve (Fed) in September. Despite an increase in wholesale inflation, investors are betting on a rate cut. Traders have reduced their bets on an August rate cut by the Bank of England (BoE) and the Pound's strength is driven by higher real interest rates in the UK compared to the US. #GBP #USD #ratecut...
#newstr #PoundSterling #UsDollar #Gbp/usd #RateCut #Inflation #FederalReserve
https://here.news/story/a73498e0?ver=0.77
===============
#a73498e0 ver:0.77
The Pound Sterling (GBP) has reached a 12-month high against the US Dollar (USD) as markets anticipate a rate cut by the Federal Reserve (Fed) in September. Despite an increase in wholesale inflation, investors are betting on a rate cut. Traders have reduced their bets on an August rate cut by the Bank of England (BoE) and the Pound's strength is driven by higher real interest rates in the UK compared to the US. #GBP #USD #ratecut...
#newstr #PoundSterling #UsDollar #Gbp/usd #RateCut #Inflation #FederalReserve
https://here.news/story/a73498e0?ver=0.77