USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: Pound Sterling Holds Steady as Fed Chair Powell Acknowledges Risks to US Labor Market ...

Pound Sterling Holds Steady as Fed Chair Powell Acknowledges Risks to US Labor Market
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#a73498e0 ver:0.68

#GBP strengthens against #USD as Fed Chair Powell acknowledges risks to US labor market. Speculation of a rate cut in September supports GBP/USD pair. UK Labour Party's victory and hawkish BoE guidance also contribute to Pound's strength. Technical analysis suggests GBP aims to hold 1.2800 against USD. #forex...

#newstr #PoundSterling #UsDollar #Fed #JeromePowell #InterestRates #Inflation #UsLaborMarket #ConsumerPriceIndex #BankOfEngland #GrossDomesticProduct

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