US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: Yen Rally Fizzles as US Dollar Climbs, GBP/USD Rises on Dovish Fed Sentiment ...
Yen Rally Fizzles as US Dollar Climbs, GBP/USD Rises on Dovish Fed Sentiment
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#b9c27144 ver:1.04
The US dollar climbed as the yen rally fizzled, with the GBP/USD pair rising on dovish Fed sentiment. The appreciation of the pound can be attributed to recalibrated expectations for Fed interest rate cuts in 2024. The USD/JPY pair snapped a three-day losing streak, supported by the modest rebound of the USD and speculation of a September rate cut by the Fed. The Bank of Japan is estimated to have intervened to support the yen. The US jobs report showed a slowing labor market, increasing the likelihood of a rate cut by the Fed. #USD #GBP #Fed #interestrates #jobsreport #USDJPY #BankofJapan...
#newstr #Gbp/usd #FederalReserve #InterestRateCuts #UsJobsData #NonfarmPayrolls #BankOfEngland #Inflation #JapaneseYen #Intervention #MinistryOfFinance #BankOfJapan #RateCut
https://here.news/story/b9c27144?ver=1.04
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#b9c27144 ver:1.04
The US dollar climbed as the yen rally fizzled, with the GBP/USD pair rising on dovish Fed sentiment. The appreciation of the pound can be attributed to recalibrated expectations for Fed interest rate cuts in 2024. The USD/JPY pair snapped a three-day losing streak, supported by the modest rebound of the USD and speculation of a September rate cut by the Fed. The Bank of Japan is estimated to have intervened to support the yen. The US jobs report showed a slowing labor market, increasing the likelihood of a rate cut by the Fed. #USD #GBP #Fed #interestrates #jobsreport #USDJPY #BankofJapan...
#newstr #Gbp/usd #FederalReserve #InterestRateCuts #UsJobsData #NonfarmPayrolls #BankOfEngland #Inflation #JapaneseYen #Intervention #MinistryOfFinance #BankOfJapan #RateCut
https://here.news/story/b9c27144?ver=1.04