USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: Pound Sterling Continues Strong Performance Amid Improved UK Growth Outlook ...
Pound Sterling Continues Strong Performance Amid Improved UK Growth Outlook
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#a73498e0 ver:0.79
The Pound Sterling is performing well against the US Dollar, with its best two-week performance since November 2023. This is due to hopes of a rate cut from the Federal Reserve and better-than-expected UK growth. The Bank of England's August rate cut is now in doubt, with a 50% chance of a cut. Despite risks, the Pound is approaching the 1.3900 level against the US Dollar. The Pound's strength is driven by improved UK growth and signs of fatigue in the US economy. #PoundSterling #UKgrowth #ratecut #FederalReserve #BankofEngland #USinflation...
#newstr #Pound #UsDollar #Gbp/usd #ExchangeRate #UkGrowthOutlook #Inflation #BankOfEngland #FederalReserve
https://here.news/story/a73498e0?ver=0.79
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#a73498e0 ver:0.79
The Pound Sterling is performing well against the US Dollar, with its best two-week performance since November 2023. This is due to hopes of a rate cut from the Federal Reserve and better-than-expected UK growth. The Bank of England's August rate cut is now in doubt, with a 50% chance of a cut. Despite risks, the Pound is approaching the 1.3900 level against the US Dollar. The Pound's strength is driven by improved UK growth and signs of fatigue in the US economy. #PoundSterling #UKgrowth #ratecut #FederalReserve #BankofEngland #USinflation...
#newstr #Pound #UsDollar #Gbp/usd #ExchangeRate #UkGrowthOutlook #Inflation #BankOfEngland #FederalReserve
https://here.news/story/a73498e0?ver=0.79