GBP/USD Exchange Rate Volatile Amid Macroeconomic Data and Middle East Tensions on Nostr: GBP/USD Exchange Rate Volatile Amid Macroeconomic Data and Middle East Tensions ...
GBP/USD Exchange Rate Volatile Amid Macroeconomic Data and Middle East Tensions
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#b4222ee6 ver:1.01
The GBP/USD exchange rate experienced volatility due to an influx of macroeconomic data releases and escalating tensions in the Middle East, according to Exchange Rates UK. The Pound Sterling (GBP) traded in a wide range against the US Dollar (USD) throughout the week. The currency pairing fluctuated as both UK and US data releases, coupled with tensions in the Middle East, influenced market sentiment. The GBP/USD was trading at around $1.2450, virtually unchanged from Friday's opening levels. The US Dollar (USD) started the week strong against most currencies due to escalating tensions in the Middle East. However, there was a modest pullback in US Treasury yields midweek, and better-than-expected US jobless claims supported the 'Greenback' on Thursday. The Pound (GBP) began the week mostl...
#newstr #Gbp/usd #MacroeconomicData #MiddleEastTensions #BankOfEngland #UkJobsData #UkConsumerPriceIndex #UsMacroeconomicData
https://here.news/story/b4222ee6?ver=1.01
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#b4222ee6 ver:1.01
The GBP/USD exchange rate experienced volatility due to an influx of macroeconomic data releases and escalating tensions in the Middle East, according to Exchange Rates UK. The Pound Sterling (GBP) traded in a wide range against the US Dollar (USD) throughout the week. The currency pairing fluctuated as both UK and US data releases, coupled with tensions in the Middle East, influenced market sentiment. The GBP/USD was trading at around $1.2450, virtually unchanged from Friday's opening levels. The US Dollar (USD) started the week strong against most currencies due to escalating tensions in the Middle East. However, there was a modest pullback in US Treasury yields midweek, and better-than-expected US jobless claims supported the 'Greenback' on Thursday. The Pound (GBP) began the week mostl...
#newstr #Gbp/usd #MacroeconomicData #MiddleEastTensions #BankOfEngland #UkJobsData #UkConsumerPriceIndex #UsMacroeconomicData
https://here.news/story/b4222ee6?ver=1.01