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Pound to Dollar Rate's Relief Rally as UK PMI Data Boosts Sterling /
npub19ew…lezk
2024-05-03 14:03:01

Pound to Dollar Rate's Relief Rally as UK PMI Data Boosts Sterling on Nostr: US Dollar Weakens After Disappointing US Jobs Report, Pound Surges Above 1.26 ...

US Dollar Weakens After Disappointing US Jobs Report, Pound Surges Above 1.26
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#ceb5d66c ver:0.59

The US dollar weakened after a disappointing US jobs report, causing the pound to surge above 1.26. The pound to dollar exchange rate reached 3-week highs as the weaker data and lower yields undermined the dollar and boosted risk appetite. Traders pushed back expectations for the first Bank of England interest rate cut, further supporting the pound. #USD #GBP #jobsreport #interestrates...

#newstr #Pound #UsDollar #UsJobsReport #ExchangeRates

https://here.news/story/ceb5d66c?ver=0.59
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