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Pound to Dollar Rate's Relief Rally as UK PMI Data Boosts Sterling /
npub19ew…lezk
2024-05-01 12:02:14

Pound to Dollar Rate's Relief Rally as UK PMI Data Boosts Sterling on Nostr: Sterling Holds Steady as Markets Await Fed Decision =============== #ceb5d66c ...

Sterling Holds Steady as Markets Await Fed Decision
===============
#ceb5d66c ver:0.57

#Sterling holds steady as markets await #Fed decision. GBP/USD rate trading at $1.2535, down 0.2%. Risk-off flows and uncertainty weigh on investor sentiment. Pound movement limited due to absence of UK economic data releases. Focus on Fed's interest rate decision and forward guidance for hints on future monetary policy. Limited UK data releases expected for the rest of the week. Political discourse and unexpected announcements may introduce volatility to the pound....

#newstr #Pound #UsDollar #FederalReserve #InterestRates #BankOfEngland #UkEconomy

https://here.news/story/ceb5d66c?ver=0.57
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