Pound to Dollar Rate's Relief Rally as UK PMI Data Boosts Sterling on Nostr: Pound to Dollar Rate's Relief Rally as UK PMI Data Boosts Sterling =============== ...
Pound to Dollar Rate's Relief Rally as UK PMI Data Boosts Sterling
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#ceb5d66c ver:0.54
The pound to dollar exchange rate is rallying after strong UK PMI data and a speech by the Bank of England's Chief Economist. The weak US PMI survey has raised expectations of rate cuts by the Federal Reserve, leading to a weaker dollar. However, analysts warn of near-term risks for the pound, as the Bank of England may cut rates before the Fed. A hawkish Fed update and strong payroll data could result in the pound losing recent gains. #GBP #USD #PMI #interestrates...
#newstr #PoundToDollar #ExchangeRate #UkPmiData #BankOfEngland #FederalReserve #UsJobReport
https://here.news/story/ceb5d66c?ver=0.54
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#ceb5d66c ver:0.54
The pound to dollar exchange rate is rallying after strong UK PMI data and a speech by the Bank of England's Chief Economist. The weak US PMI survey has raised expectations of rate cuts by the Federal Reserve, leading to a weaker dollar. However, analysts warn of near-term risks for the pound, as the Bank of England may cut rates before the Fed. A hawkish Fed update and strong payroll data could result in the pound losing recent gains. #GBP #USD #PMI #interestrates...
#newstr #PoundToDollar #ExchangeRate #UkPmiData #BankOfEngland #FederalReserve #UsJobReport
https://here.news/story/ceb5d66c?ver=0.54