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USD/JPY Faces Challenges as US Economic Data Weakens /
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2024-06-24 04:00:21

USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: GBP/USD Forecast: Prospects of Fed, BoE rate cuts set to drive price action ...

GBP/USD Forecast: Prospects of Fed, BoE rate cuts set to drive price action
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#a73498e0 ver:0.48

The GBP/USD pair weakened as strong US jobs data dampened hopes of a Fed rate cut, while expectations of BoE rate cuts persist. The focus now shifts to the impact of the US jobs data on the GBP/USD pair and the potential implications for monetary policy. Traders are betting on BoE rate cuts, while the stronger US dollar weighs on GBP/USD. Data releases and speeches from central bank policymakers will be closely watched for further rate-cut insights. #GBPUSD #Fed #BoE #ratecuts...

#newstr #Gbp/usd #RateForecast #BankOfEngland #FederalReserve #Inflation

https://here.news/story/a73498e0?ver=0.48
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