Investing.com UK on Nostr: nostr:note1dg8sgagga467s04pavu440wzkmhxuzuzx6ktkqn3lesya5x3ykcqz0x5fz

quoting note1dg8…x5fz

Pound US Dollar Exchange Rate Leaps Higher Amid Risk-Averse Trade
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#7aa5aba6 ver:0.83

The Pound to Dollar exchange rate surged higher as the US Dollar faced headwinds and investor interest waned. Lack of macroeconomic releases in the US and a dip in US Treasury yields contributed to the weakening of the Dollar. Pound traded in a wide range, firming against the Dollar due to shifting market sentiment. UK CBI industrial trends orders showed a rise in total order book balance in June, beating expectations. Fed policymakers' speeches and global risk dynamics will likely influence Pound's performance. #GBPUSD #forex...

#newstr #Pound #UsDollar #ExchangeRate #MacroeconomicReleases #UsTreasuryYields #FederalReserve #ConfederationOfBritishIndustry #IndustrialTrendsOrders #ExportOrders #FedPolicymakers #GlobalRiskDynamics

https://here.news/story/7aa5aba6?ver=0.83