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USD/JPY Faces Challenges as US Economic Data Weakens /
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2024-07-01 16:59:56

USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: GBP/USD Erases Gains as Bears Move in Post-Weak US Data =============== #a73498e0 ...

GBP/USD Erases Gains as Bears Move in Post-Weak US Data
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#a73498e0 ver:0.56

The GBP/USD pair dropped 0.5% as strong US jobs data led to a rise in the dollar and dampened hopes of a US interest rate cut. Traders had anticipated a potential rate cut, but the release of strong US jobs data shifted market sentiment. The focus now shifts to the impact of the data on the GBP/USD pair and potential implications for the Federal Reserve's monetary policy. #GBPUSD #USjobs #interestrates...

#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=0.56
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