Pound to Dollar Rate's Relief Rally as UK PMI Data Boosts Sterling on Nostr: UK Economy Exits Recession, Pound Sterling Jumps Against Euro and Dollar ...
UK Economy Exits Recession, Pound Sterling Jumps Against Euro and Dollar
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#ceb5d66c ver:0.63
The UK economy has exited recession, causing the pound sterling to surge against the euro and dollar. The GBP/USD exchange rate rose to 1.2540, while the GBP/EUR exchange rate increased to just above 1.1630. The Bank of England may cut interest rates in June or August, leading to predictions of a decline in the pound. The US dollar weakened due to disappointing jobless claims and the possibility of interest rate cuts. The dollar index fell to 105.29, with the euro up at $1.0774. #UKeconomy #poundsterling #interestrates #USD #EUR...
#newstr #PoundSterling #UkEconomy #Gdp #ExchangeRates
https://here.news/story/ceb5d66c?ver=0.63
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#ceb5d66c ver:0.63
The UK economy has exited recession, causing the pound sterling to surge against the euro and dollar. The GBP/USD exchange rate rose to 1.2540, while the GBP/EUR exchange rate increased to just above 1.1630. The Bank of England may cut interest rates in June or August, leading to predictions of a decline in the pound. The US dollar weakened due to disappointing jobless claims and the possibility of interest rate cuts. The dollar index fell to 105.29, with the euro up at $1.0774. #UKeconomy #poundsterling #interestrates #USD #EUR...
#newstr #PoundSterling #UkEconomy #Gdp #ExchangeRates
https://here.news/story/ceb5d66c?ver=0.63