USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: Pound Sterling Strengthens as Traders Reduce Bets on Bank of England Rate Cut ...
Pound Sterling Strengthens as Traders Reduce Bets on Bank of England Rate Cut
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#a73498e0 ver:0.76
The Pound Sterling is gaining strength against the US Dollar as traders reduce bets on a Bank of England rate cut. The Pound has had its best two-week performance since November, driven by higher real interest rates in the UK and signs of fatigue in the US economy. Traders now give a 52% chance of a rate cut in August and an 88% chance in September. Bank of America strategists doubt their August rate cut call. #PoundSterling #BankofEngland #interestrates...
#newstr #PoundSterling #UsDollar #UkGrowth #UsEconomy #BankOfEngland #InterestRates
https://here.news/story/a73498e0?ver=0.76
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#a73498e0 ver:0.76
The Pound Sterling is gaining strength against the US Dollar as traders reduce bets on a Bank of England rate cut. The Pound has had its best two-week performance since November, driven by higher real interest rates in the UK and signs of fatigue in the US economy. Traders now give a 52% chance of a rate cut in August and an 88% chance in September. Bank of America strategists doubt their August rate cut call. #PoundSterling #BankofEngland #interestrates...
#newstr #PoundSterling #UsDollar #UkGrowth #UsEconomy #BankOfEngland #InterestRates
https://here.news/story/a73498e0?ver=0.76