Pound to Dollar Rate's Relief Rally as UK PMI Data Boosts Sterling on Nostr: US Dollar Weakens Further as Labor Market Softens, Pound Recovers from BoE-led Low ...
US Dollar Weakens Further as Labor Market Softens, Pound Recovers from BoE-led Low
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#ceb5d66c ver:0.6
The US dollar weakened as the labor market softened, causing the pound to recover. Risk-off flows and uncertainty in the market weighed on investor sentiment, leading to a drift lower in the GBP/USD rate. The Federal Reserve's upcoming interest rate decision will be a key catalyst for movement in the pound to dollar exchange rate. Traders pushed back expectations for the first Bank of England interest rate cut, while the weaker US jobs report further supported the pound. The dollar also weakened against other currencies after signs of softening in the US labor market. #USD #GBP #Fed #BoE #economy...
#newstr #Pound #UsDollar #FederalReserve #BankOfEngland #InterestRates #UsLaborMarket
https://here.news/story/ceb5d66c?ver=0.6
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#ceb5d66c ver:0.6
The US dollar weakened as the labor market softened, causing the pound to recover. Risk-off flows and uncertainty in the market weighed on investor sentiment, leading to a drift lower in the GBP/USD rate. The Federal Reserve's upcoming interest rate decision will be a key catalyst for movement in the pound to dollar exchange rate. Traders pushed back expectations for the first Bank of England interest rate cut, while the weaker US jobs report further supported the pound. The dollar also weakened against other currencies after signs of softening in the US labor market. #USD #GBP #Fed #BoE #economy...
#newstr #Pound #UsDollar #FederalReserve #BankOfEngland #InterestRates #UsLaborMarket
https://here.news/story/ceb5d66c?ver=0.6