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Sterling Wavers as Markets React to Reported Israeli Attack on Iran /
npub18ck…5cyg
2024-06-20 15:59:29

Sterling Wavers as Markets React to Reported Israeli Attack on Iran on Nostr: Dollar Firms on Recovering Risk Sentiment and Prospects of Easier Overseas Rates ...

Dollar Firms on Recovering Risk Sentiment and Prospects of Easier Overseas Rates
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#6e48c64f ver:0.7

The dollar strengthens on recovering risk sentiment and prospects of easier overseas rates, causing the pound to fall to a five-month low against the dollar. Safe-haven currencies initially spiked on news of an Israeli attack on Iran, pushing down the pound and euro. UK investors also analyze data showing stagnant retail sales and easing inflation, highlighting the troubled state of the economy. The dollar climbs as other major economies cut rates and Europe faces political turmoil. The Swiss franc falls after the Swiss National Bank lowers interest rates, while the pound dips after the Bank of England holds off cutting. The US economy shows signs of slowing, with tepid retail sales and weakening labor market momentum. #dollar #pound #euro #risk #economy...

#newstr #Dollar #RiskSentiment #InterestRates #PoliticalTurmoil

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